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Short Takes: Annaly to Issue Non-QM MBS / Stream Innovations Preps Home Improvement Loans ABS / MISMO Gets New Board Members / New CFO at Change Lending

June 25, 2024
James Dohnert

Only one originator contributed enough loans to the Annaly MBS to be named...


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Production Chief Departs With Employees. Then Gets Sued...

June 17, 2024
Paul Muolo
Many of these types of cases are settled out of court, one attorney noted...
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Short Takes: CFPB Warns on Contract Terms / New Expanded-Credit MBS / Rocket’s Servicer Ratings Affirmed / Lender Growing / More Power for Otting at NYCB

June 5, 2024
Brandon Ivey
The CFPB reiterated that Regulation Z prohibits mortgages for principal dwellings from including “terms requiring arbitration or any other nonjudicial procedure as the method for resolving any controversy or settling claims arising out of the transaction.”
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Short Takes: Mortgage Performance Improves / New Cyberattack Reporting Requirements / Positive Outlook for Acra / GSE-Eligible IPLs in Non-Agency MBS

May 24, 2024
Brandon Ivey
The 30+ day delinquency rate stood at 3.09% at the end of April.
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Short Takes: Fudge Lands at Law Firm / CrossCountry Offers Death Benefit / HELOC Securitization From Figure / PIMCO Wins RPL Auction by Fannie

May 17, 2024
Brandon Ivey
Marcia Fudge is now a partner and chair of public policy at Taft, a law firm.
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Struggling Better.com Hires Former Caliber Executive as New President

May 13, 2024
Paul Muolo
Smith's resume includes stints at Caliber Home Loans and Mission Loans...
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Short Takes: McCargo Moves On to FHLBank / Refis Drive Applications Up / Home Sales Expected to Increase / LO Comp Following Cyberattack

May 8, 2024
Brandon Ivey
Alanna McCargo was appointed as president and CEO of the Federal Home Loan Bank of San Francisco.
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An Uneven Story on Mortgage CEO Comp

May 6, 2024
Paul Muolo
Another CEO who received a large comp hike last year even though his company posted a huge loss was Vishal Garg of Better Mortgage...
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Mortgage Pink Slips Keep Coming, but Relief May Be in the Air

May 6, 2024
Paul Muolo
It’s unclear at this point whether lenders will need to trim additional staff...
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Short Takes: GSEs Revise Guides / Purchase-Mortgage Lending Increases at Zillow / Fairway Touts LO Recruits / Annaly Fast With MBS

May 2, 2024
Brandon Ivey
The GSEs established a formal definition for mortgages to first-generation homebuyers.
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Latest Imf News

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