HECM Lending Flat in 3Q, Down 12% YTD December 23, 2024 Brandon Ivey Among the top 50 producers, all but one are nonbanks.Read More
Short Takes: A Season for Spinoffs? / The Odds? / The 10-Year / Some Last Minute MSR Deals / The Singing Fed Chief / In Retirement / A Publishing Break December 23, 2024 Paul Muolo A dead MSR sales market? Not quite. Phoenix Capital just wrapped up a $2.4 billion auction of Fannie Mae/Freddie Mac servicing rights.Read More
EBO Investor Wins Large Judgment Against Mr. Cooper December 12, 2024 Brandon Ivey An affiliate of Proprietary Capital prevailed in a lawsuit against Mr. Cooper Group.Read More
Cardinal Issues Small VA MBS Pool Underwritten With FICO 10 T December 6, 2024 Monica Hogan Cardinal started originating VA loans using 10 T scores in October.Read More
Conforming-Jumbo Business Grows in Third Quarter December 3, 2024 Brandon Ivey In the third quarter, conforming jumbos accounted for 5.4% of total agency business.Read More
Freedom CEO Isn't Worried About a Trump-Effect on FHA, VA November 27, 2024 Monica Hogan Freedom owner and CEO Stanley Middleman said the approach for FHA and VA under Trump should be “If it’s not broken, why fix it?”Read More
3Q24, The Best Quarter for Government Lending in Two-Plus Years November 25, 2024 Monica Hogan The top three FHA lenders: UWM, Rocket and DHI...Read More
Trump Picks Former State Legislator, NFL Player Turner for HUD Chief November 25, 2024 Monica Hogan Turner, currently chief visionary officer for multifamily housing developer JPI, also worked in the first Trump administration.Read More
Ginnie Loan Removals Hit Level Last Seen in 2022 November 20, 2024 Namrata Bhatia Payoffs accounted for 89.1% of total loan liquidations from Ginnie MBS in the third quarter.Read More
MMIF Reading Nears 11.5%. Time to End Life-of-Loan Premiums? November 18, 2024 Monica Hogan The CHLA once again is calling on FHA to eliminate its life-of-loan premium requirements.Read More