Fannie Earnings Retreat in the First Quarter of 2022 May 5, 2022 Dennis Hollier The mortgage giant’s putative net worth jumped to $51.8 billion, but its shortfall in total adjusted capital increased to $272 billion.Read More
Ginnie Seeks Common Ground with FHFA on Capital Requirements May 4, 2022 Monica Hogan The Ginnie chief said alignment "simplifies" issuers’ capital and liquidity planning...Read More
Servicers Raise Concerns Over GSE Eligibility Requirements May 2, 2022 Dennis Hollier MBA criticized FHFA’s plan to impose a 2% liquidity requirement on servicers’ hedging position in the TBA market...Read More
The FHA Lender Penalty Tally for FY21: A Mere $11 Million May 2, 2022 The take-away compared to years past: FHA lenders appear to be behaving themselves...Read More
CFPB Chief Holding His Fire on Mortgage Enforcement April 28, 2022 Sam Manas Richard Horn, a former CFPB senior counsel, said the bureau has been “surprisingly quiet in terms of real actions.”Read More
Grapevine: Figuring Out the Fed / Dividends About to Get Squeezed? April 28, 2022 Paul Muolo Is the worst of the mortgage rate increases over? Hard to say. Meanwhile, publicly traded nonbanks may be forced to curtail their dividend payments to common shareholders.Read More
Mortgage-Related Complaints Rise Again in 1Q, 'Coop' Leads the Pack April 27, 2022 Andras Malatinszky When it comes to mortgage gripes registered, Wells Fargo was a distant second with 386...Read More
Missing in Action: The Mortgage Industry’s Recommendations Regarding FHFA's Strategic Plan April 25, 2022 Dennis Hollier MBA expressed reservations about FHFA’s pursuit of examination authority over nonbank servicers, efforts to ensure a level playing field and more...Read More
Home Lenders Temporarily Drop Tax Transcript Requirement April 22, 2022 Brandon Ivey Among the lenders known to have suspended the underwriting requirement are PennyMac, AmeriHome and...Read More
CHLA Pushes for Less Stringent GSE Eligibility Requirements April 19, 2022 Dennis Hollier Trade group says FHFA's reproposed rule would serve as a barrier to entry for smaller seller/servicers.Read More