Another Push for Bundled Services, This One From a CFPB Task Force January 6, 2021 Yemeng Yang The idea of settlement services packaging is not new...Read More
The Final Agency MBS Count for 2020: A Record Setting $3.15 Trillion January 6, 2021 John Bancroft What's more, the GSEs upped their share of the agency market to 75.8%, and dominated the overall single-family market as well...Read More
Impairment Rate on Non-QMs Declines in November January 6, 2021 Brandon Ivey The impairment rate didn't decline across the board. It increased for bank statement loans.Read More
A Tough Year Ahead for Mortgage Compliance? January 6, 2021 Paul Muolo Industry watchers said implementing changes to the qualified-mortgage rule could be one of the biggest sticking points.Read More
Fannie and Freddie Set to Increase Commitment to Manufactured Housing, More... January 5, 2021 Dennis Hollier On the rural housing front, Freddie expects to increase its SFI purchase target from 3,600 to 3,900 loans in 2020 to as much as 4,800 units this year...Read More
Guaranteed Rate to Buy Stearns; Blackstone Will Get Part of GR January 5, 2021 Paul Muolo One twist: As part of the proposed transaction, Blackstone will take a stake in the Chicago-based GR. However, no specifics were provided. Read More
PE Firm Ups Its Investment in SimpleNexus Mortgage Platform January 5, 2021 Paul Muolo The $108 million Series B capital raise follows a $20 million investment Insight had made earlier.Read More
AmeriHome Moving Forward with IPO... January 5, 2021 Brandon Ivey The nonbank lender/servicer filed its initial IPO documents in early October and was reportedly set to price the offering later that month. Read More
MBA Lobbies for Permanent Work-From-Home Flexibility January 4, 2021 Yemeng Yang During the COVID crisis, many states have temporarily allowed licensed MLOs to work from their (unlicensed) homes, rather than branches...Read More
Citadel Servicing Rebrands as Acra Lending January 4, 2021 Brandon Ivey Officials at Acra suggest it's largely business as usual for Citadel, beyond the name change. Read More