Short Takes: Chopra Concerned About CFPB’s Future / MSRs for Sale / AI Summit / PacWest’s CRT Upgraded September 12, 2023 Brandon Ivey and Paul Muolo Uncertainty for the CFPB and the mortgage industry ahead of a Supreme Court case...Read More
Short Takes: Applications Down / Banks Launch Ad Campaign Against Capital Proposal / Redwood Expands HEI Lending September 6, 2023 Brandon Ivey A reduction in interest rates wasn't enough to help increase mortgage applications last week.Read More
Home Price Hikes May Impact Jumbo Market September 1, 2023 James Dohnert A rising home price disparity may lead to an increase in jumbo loan limits.Read More
Chase Becomes Top Jumbo Servicer in Second Quarter August 31, 2023 James Dohnert Chase tops the competition in the jumbo servicers market in the second quarter of 2023.Read More
Altisource Asset Management CEO Resigns August 31, 2023 James Dohnert AAM's CEO has resigned in the midst an assessment of the company's lending operations.Read More
Fix-and-Flip Lending Report Highlights Inclusive Lending Practices August 31, 2023 James Dohnert Fix-and-flip lender Backflip details how its helping make the residential transition loans lending market more equitable.Read More
Jumbo Production Rises, JPM the Market Leader August 30, 2023 James Dohnert The top five jumbo producers for the first half of the year: JPMorgan, Wells Fargo, BofA, U.S. Bank and Citi...Read More
Cost-Cutting in the Non-QM Sector: Nothing is Off the Table August 29, 2023 James Dohnert When it comes to cutting origination costs, nothing is sacred, noted one CEO...Read More
Change Lending Reportedly Loses CDFI Designation August 28, 2023 James Dohnert While Change Lending is no longer on the list, its parent company, The Change Company CDFI, remains...Read More
Court Ruling Could Alter Non-Agency Clean-Up Call Practices August 24, 2023 James Dohnert The lawsuit focused on whether $75 million of deferred principal payments owed by borrowers who had entered into loan modification programs following the 2008 financial crisis should factor into the clean-up call price of MBS held by Deutsche Bank.Read More