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FHFA Publishes 2022 Fannie/Freddie Multifamily Caps

October 13, 2021
Dennis Hollier
The government-sponsored enterprises will each be able to purchase $8 billion more in multifamily loans next year.
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Seniors’ Complaints About Mortgages Jump in 2021

October 13, 2021
Namrata Bhatia
Seniors — age 62 or older — filed 1,987 mortgage gripes during the first six months of the year, up 36.1% from the same period last year...
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Chopra Sworn in at the CFPB. Kudos and Concerns…

October 13, 2021
Brandon Ivey
John Ryan, president and CEO of the Conference of State Bank supervisors, suggested that cooperation between the CFPB and state regulators will be particularly important.
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Lenders Urge States to Extend Work From Home Flexibilities

October 12, 2021
Brandon Ivey
The Mortgage Bankers Association has asked state regulators to help modernize remote work standards through legislation and/or regulations.
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A Quandary: What FHA Lenders Can Use to Calculate Adjusted Net Worth

October 11, 2021
Monica Hogan
Scott Olson, executive director of the Community Home Lenders Association, suggested FHA take a second look at the changes...
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Nation’s Largest HECM Lender AAG Signs CFPB Consent Order

October 11, 2021
Paul Muolo
AAG was the largest home equity conversion mortgage lender in the first-half of 2021, with $2.59 billion of production.
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Industry Hoping Ginnie Capital Proposal Is Softened Or...

October 8, 2021
Paul Muolo
One person opposed to the idea is Scott Olson, executive director of the Community Home Lenders Association, a trade group that was among the first to ask Ginnie to withdraw the RFI...
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FHFA Shuts the Door on Fannie/Freddie JV Issuing Non-GSE Securities

October 6, 2021
Dennis Hollier
FHFA Acting Director Sandra Thompson has quashed her predecessor's plans to expand the footprint of CSS to include GSE competitors.
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A Loss for the Public-Bound Better.com and a Warning on GOS

October 5, 2021
Paul Muolo
Founder and CEO Vishal Garg earned $25.3 million in 2020...
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Thompson Planning to Look at How the GSEs Price Loans, While...

October 4, 2021
Dennis Hollier
Thompson was more elusive about the question of whether LLPAs should be eliminated...
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