Servicing Brokerage Incenter Changes Hands May 19, 2025 Paul Muolo Rumors that Incenter might be in play surfaced two weeks ago.Read More
CFPB Looks to Rescind COVID-19 Mortgage Servicing Rule May 16, 2025 Shannon Clark The rule offered temporary amendments under Regulation X to borrowers affected by a COVID-19-related hardship.Read More
Short Takes: Freddie Updates LPA / UWM Launches New Tech / Foreclosures Steady in April / Homebuilder Confidence Wavers May 16, 2025 Brandon Ivey Freddie is touting the use of machine learning in LPA and cost savings for lenders.Read More
Treasury Working Toward Reducing Regulations for Banks May 14, 2025 Brandon Ivey The Treasury plans to coordinate de-regulation through the Financial Stability Oversight Council.Read More
Tax Legislation in House Caps Mortgage Interest Deduction May 13, 2025 Brandon Ivey The bill would keep the limit on the mortgage interest deduction at $750,000.Read More
Proposal to Consolidate Bank Regulators Faces Opposition May 13, 2025 Shannon Clark State regulators, smaller banks and credit unions all oppose a potential move by the Trump administration to consolidate federal bank regulatory agencies.Read More
Short Takes: CRT From Freddie / FHA Turns to AI / Point Boosts HEI Securitization / PRMG Partners on Credit Card May 13, 2025 Brandon Ivey Freddie Mac is marketing a $529.00 million CRT deal.Read More
Mortgage-Banking Income at Banks Level in Fourth Quarter May 12, 2025 John Bancroft Servicing income helped cover for a decline in production income.Read More
Short Takes: Non-Agency Delinquencies Decline / CES Securitization From Rocket / Deed Theft Prosecution May 12, 2025 Brandon Ivey Delinquencies on loans in non-agency mortgage-backed securities declined on a monthly basis in April.Read More
Negative MSR Mark Prompts Loss at Rocket in First Quarter May 9, 2025 Brandon Ivey Rocket had a negative $449.2 million change in the fair value of MSRs during the first quarter.Read More