Coming Very Soon: GSE Conforming Loan Limits for 2022 November 29, 2021 Dennis Hollier Caps for GSE loans could jump by as much as 19%.Read More
Short Takes: loanDepot Falls Below $5.00 / Cash-out Refis to the Rescue? / The ‘Oldest’ Mortgage Stock? / Guaranteed Rate’s $40 Million Man? November 29, 2021 Paul Muolo A GR LO cracks the $2 billion mark in originations. Are there others out there?Read More
Retail Takes a Hit in 3Q21, Wholesale Lending Up Slightly November 24, 2021 John Bancroft Wholesale-broker platforms posted the biggest increase, with volume up 1.6% to an estimated $186 billion...Read More
Short Takes: Applications Flat / Delinquencies Decline / HUD's Vaccination Rate / Another Legacy Non-Agency MBS Settlement / Thanksgiving Break November 24, 2021 Brandon Ivey Mortgage originations held steady despite an uptick in interest rates.Read More
Non-Agency Jumbo Lending Hits Record Levels in 3Q21 November 23, 2021 Brandon Ivey Market watchers believe the activity was driven, in part, by exceptional home price appreciation and more interest in the sector among lenders.Read More
The Problem With Cutting GSE LLPAs Is This… November 23, 2021 Paul Muolo Also, because Thompson is a Democratic appointee, she likely is leaning toward the option of using the government-sponsored enterprises to improve the lot of low-income borrowers.Read More
A New Warehouse Record and a Handful of New Entrants November 22, 2021 Paul Muolo One East Coast financier said his bank is seeing several 2022 line renewals at “the same level as this year” and just one reduction overall.Read More
FHA/VA Market Tilts Back to Mostly Purchase Lending November 22, 2021 John Bancroft It was the first time that purchase-mortgage business represented the biggest source of new FHA/VA lending since the third quarter of 2019...Read More
GSE Appraisal Waivers Face Scrutiny as Zillow Offers Flops November 22, 2021 Dennis Hollier The American Enterprise Institute, a conservative think tank, has long been critical of the reliance on appraisal waivers...Read More
More Challenges for Better’s SPAC/Public Debut November 19, 2021 Paul Muolo It's not exactly the best time for Better to make its public debut, but it's going to try anyway...Read More