State Regulators Expected to Fill Void Under Trump January 7, 2025 Shannon Clark “We can continue to expect [states] to be as active and maybe even more so this time around,” said Kathryn Ryan, a partner at Orrick.Read More
Short Takes: Rocket Fueling Redwood’s MBS / Wells Fargo’s Asset Cap / Chase’s Servicing Unit / Homeowners Plan to Stay Put January 7, 2025 Brandon Ivey Redwood has issued eight consecutive prime non-agency MBS where Rocket Mortgage was the top contributor of loans.Read More
Short Takes: Annaly off to Quick Start With MBS in 2025 / Outsourcing in Zambia / Residential PACE Originations Constrained January 2, 2025 Brandon Ivey Annaly Capital Management is preparing to issue the first non-agency MBS of 2025.Read More
Ackman Predicts IPO for GSEs Under Trump December 31, 2024 Dennis Hollier The hedge fund billionaire predicts Treasury will write off its senior preferred shares in the GSEs and exercise its warrants for 80% of their common stock.Read More
Short Takes: Home Prices Up / Pending Home Sales Increase Slightly / HUD RFI on Property Insurance / Publishing Break December 31, 2024 Brandon Ivey Home prices increased by 0.4% on a monthly basis in October, according to the Federal Housing Finance Agency.Read More
CFPB Suit Against Rocket Almost Dead-on-Arrival? December 30, 2024 Paul Muolo Current CFPB Director Rohit Chopra is expected to be removed from his post on Jan. 20 when the new Trump White House begins...Read More
CFPB Wants to Bring Data Brokers Under the FCRA December 30, 2024 Shannon Clark The proposal is unlikely to move forward in the Trump administration, but the draft could serve as a blueprint for state legislation.Read More
CFPB Goes After Rocket for Alleged Kickback Scheme December 27, 2024 James Dohnert The CFPB alleges that Rocket Homes provided real estate brokers incentives for steering homebuyers to Rocket Mortgage.Read More
MBA Calls for Clarification of FHA Rental Income Proposal December 27, 2024 Monica Hogan The MBA supports the new FHA proposal but wants more information on whether lenders need to keep additional reserves on hand.Read More
FHFA Releases 2025 Scorecard, Wants More Help for FTHBs December 23, 2024 Dennis Hollier The new scorecard highlights modest changes in the regulator's priorities for the GSEs.Read More