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Sen. Warren Slams Wells for LOC Cancellations

July 12, 2021
Paul Muolo
Some of the LOCs contained borrowing authority of up to $250,000.
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Industry Still Considering Impact of SCOTUS Decision

July 12, 2021
Dennis Hollier
One thing is clear: The verdict was a blow to Fannie Mae and Freddie Mac common and junior preferred shareholders.
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Fannie Mae Draws Fire for Rule on Short-Term Rentals

July 12, 2021
Dennis Hollier
The real estate industry was especially concerned and mounted an organized response...
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Trouble Ahead? CFBank Shutters Direct-to-Consumer Channel

July 9, 2021
Brandon Ivey
CFBank said the decision to wind down its DTC business resulted from changing market conditions in 2021...
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Finally: GSEs and Non-Agency MBS Now on Level Playing Field with QMs

July 9, 2021
Brandon Ivey
The hope is that the non-agency market will now be on closer to equal footing with the GSEs in terms of compliance burdens relating to the CFPB...
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ORIX Top Multifamily MBS Servicer in Ginnie Market

July 8, 2021
John Bancroft

ORIX, now operating as Lument, serviced $21.22 billion of GNMA multifamily MBS at the end of May, or 15.5% of the market...


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Stocks Tank, Rates Fall. Mortgage Meaning?

July 8, 2021
Paul Muolo
Falling rates? Didn't see that coming...
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Lenders Seek More Leeway on Short-Term Rentals

July 7, 2021
Dennis Hollier
Vague and undefined language in the eligibility requirements of the GSEs make it difficult for lenders to determine the mortgage eligibility of projects that include units rented on a short-term basis.
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Blend’s IPO Could Raise Upwards of $414 Million

July 6, 2021
Brandon Ivey
The IPO values Blend at more than $4.0 billion.
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Home Sellers Don’t Look Fondly on Borrowers with FHA/VA Loans

July 6, 2021
Maria Volkova
Only 13% of home sellers would "definitely" be likely to accept an offer from buyers using an FHA or VA loan, according to a survey by the National Association of Realtors.
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