The change is part of the agency’s continuing focus on risk management as its book of business continues its historic shift toward nonbank mortgage servicers that have come to dominate its $2.0 trillion-plus portfolio.
Quicken was the market leader in retail lending with UWM taking top honors (by far) in the wholesale category. Wells Fargo was the top correspondent buyer in 2Q19…
In addition, the new rules would establish an allowable range for commercial space between 25% and 60%, which would make it less cumbersome for mixed-use communities to obtain FHA approval.