Biden Nominates Julia Gordon to Lead FHA ... CFPB AD Uejio Tapped for HUD Post June 25, 2021 Maria Volkova and Lisa Burden After months of rumors, Julia Gordon was tapped to lead FHA...Read More
With the Calabria Era Over, Lenders Seek to Overturn Controversial GSE Moves June 24, 2021 Paul Muolo and Dennis Hollier Asked whether the administration would acquiesce on the changes, CHLA Director Scott Olson — a former denizen of Capitol Hill — said he’s “somewhere between hopeful and confident.”Read More
The Second-Lien Slump Continues... June 24, 2021 It’s not uncommon for home-equity lending to take a back seat when first-lien refinancing is running hot but the refi market appears to be waning...Read More
A ‘Disruptor’ Slated for Public Life Reveals Ongoing Losses June 23, 2021 Brandon Ivey Blend's general and administrative costs increased by 13% last year...Read More
A Trip to the Debt Well for Freedom Mortgage June 22, 2021 Paul Muolo With rates headed south once again, debt issuance by nonbanks could get one last run...Read More
JPM, Others Boost Investment in Non-Agency Aggregator Maxex June 22, 2021 Brandon Ivey Maxex chief Tom Pearce said the latest investments by AGNC and Moore are part of a new equity incentive model.Read More
In Danger: The Mortgage Profit Gravy Train June 22, 2021 Once again, the primary reason cited for lower profit margins was competition from other lenders...Read More
HECM Production Remains Elevated in 1Q21 June 21, 2021 American Advisor Group was once again the top HECM lender in the nation, originating $1.17 billion of product in 1Q21...Read More
FHA Loosens Requirements for Borrowers with Student Loans June 21, 2021 The Community Home Lenders Association: “This is a boon to younger families and individuals saddled with student loan debt that want to buy a home.”Read More
GSE-Eligible Loans See Fast Turn Times in Non-Agency MBS June 21, 2021 Brandon Ivey After dabbling as a non-agency MBS issuer in 2018 with two deals, loanDepot is now sharply increasing its presence in the sector... Read More