More COVID Tools: FHA Seeks Feedback on 40-Year Loan Modification September 28, 2021 Monica Hogan Fannie Mae and Freddie Mac already offer 40-year loan modification terms.Read More
Mortgage Bankers Want More Details on Employee Vaccination Mandates September 27, 2021 Monica Hogan The nation’s sixth-ranked lender, loanDepot, doesn’t have a corporate back-to-the-office mandate yet...Read More
In Wake of Messy Lawsuit, loanDepot’s Shares Drift Lower September 24, 2021 Paul Muolo The plaintiff is former COO Tamara Richards, who was making at least $800,000 a year at loanDepot. She has a blue chip resume that includes stints at Bank of America (10 years), Caliber Home Loans and other shops.Read More
Fannie Returns to the CRT Fold September 23, 2021 Dennis Hollier FHFA's proposal, last week, to improve the capital treatment of CRT has already reaped dividends.Read More
What Happens to FHFA's Contract With Houlihan? September 23, 2021 Paul Muolo If the Democrats' return to power spells the end of recap and release, does FHFA still need an advisor to explain how to do it?Read More
Short Takes: Fed Sheds No Light on Taper / Freddie Clarifies Policy on Group Homes / Rams Mortgage Capital Selling Ginnie EBO Mortgages September 23, 2021 Dennis Hollier
SFA Pushes for New Standards on Non-QMs September 22, 2021 Brandon Ivey SFA CEO Michael Bright says industry needs a standards-setting organization to build non-agency MBS market.Read More
Another Leadership Shuffle at FHFA September 22, 2021 Dennis Hollier Acting Director Sandra Thompson undoes some of the organizational changes initiated by former-Direct Mark Calabria.Read More
Short Takes: Senate Set to Confirm Chopra at CFPB / US Bank to Buy MUFG / Rocket Upsizes Debt Offering September 22, 2021 Dennis Hollier and Brandon Ivey
MBA Launches Initiative to Address Racial Homeownership Gap September 21, 2021 Brandon Ivey The MBA's new effort is named "Building Generational Wealth Through Homeownership."Read More