Smaller Shops Want FHFA's Help on Tech Fees October 26, 2022 Brandon Ivey While large lenders have developed their own mortgage tech systems, smaller shops are more reliant on third-parties...Read More
MBA Chief Takes Aim at Regulators, Blames Them for Increasing Costs October 25, 2022 Sam Manas Apparently, most policymakers don't realize the dominance of nonbanks in today's origination market...Read More
FHFA Will Make Cash-Outs More Expensive While Trimming LLPAs on Low/Mods October 25, 2022 Paul Muolo Specifics were light regarding the changes for cash-out refis...Read More
Nonbanks Get a Deadline Reprieve on Ginnie RBC. However… October 21, 2022 Monica Hogan Other financial eligibility standards announced at the time remain in place...Read More
This Year, CSBS Expects No LO Renewal Snafus October 21, 2022 Sam Manas The organization also increased the number of servers to 40 from just six last year...Read More
CFPB Loses Legal Battle (for Now) Over Its Funding October 20, 2022 Sam Manas Ian Katz, managing director of research firm Capital Alpha, believes the case likely will be appealed to the full Fifth Circuit.Read More
CFPB Reminds Borrowers of Their Right to Reconsideration October 19, 2022 Sam Manas Lenders that do not have a clear and consistent ROV process risk violating federal law...Read More
FHA Proposes Raising Loan Limits for Title I Manufactured Housing October 18, 2022 Monica Hogan FHA is taking comments on the proposal through Dec. 19...Read More
Short Takes: NDM Hires Former loanDepot Wholesale Manager / Also… / More Stock Sales by LD Insiders / Job Losses at Clear Capital / A Sudden Departure at Ally / Tozer Weighs In October 18, 2022 Paul Muolo and Monica Hogan Insiders at loanDepot keep unloading shares...Read More
As Midterms Approach, Optimism Regarding a MIP Cut Grows October 17, 2022 Monica Hogan A MIP cut soon? FHA Commissioner Julia Gordon is speaking next week at the annual MBA convention...Read More
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