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Ginnie Faces Hurdles as SVP Cooper-Jones Retires

December 15, 2023
Monica Hogan
Finding someone to fill the position of senior vice president for the Office of Enterprise Data and Technology Solutions at Ginnie could be difficult given pay restrictions at the government agency.
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Lenders See Benefits From Amazon’s Cloud Tech

December 14, 2023
James Dohnert
Fannie Mae, JPMorgan Chase and PennyMac are among the financial institutions that use AWS to perform tasks within a digital cloud computing environment.
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Short Takes: Refi Applications Jump / Flood-Zone Awareness / loanDepot Automates Underwriting / Arlington Asset Investment Merger

December 13, 2023
Brandon Ivey
Refi applications increased by nearly 20% in a week as interest rates declined.
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Mixed Outcome in Dispute Between Black Knight, PennyMac

December 5, 2023
Brandon Ivey
An arbitrator issued an interim award of $155.2 million for Black Knight.
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Short Takes: MI Exempt From SEC Rule / BofA Providing Financing to Rocket / Blend Scales Back Financing / Climate Risk and Inequality

November 28, 2023
Brandon Ivey and Paul Muolo
Mortgage insurance linked notes will be exempt from a rule the SEC issued Monday on conflicts of interest in securitizations.
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Fidelity the Latest Mortgage Player to be Hit With a Cyber Attack

November 22, 2023
Paul Muolo
In late October, mortgage lender/servicer Mr. Cooper disclosed it was the subject of a cybersecurity breach...
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Short Takes: Better Launches Mortgage-As-a-Service Platform / Redfin Says Now’s the Time to Buy / CoreLogic Debuts AR Appraisal Tool / Associated Bank Changes Consumer Lending Strategy

November 10, 2023
James Dohnert

Better and Infosys team on a mortgage-as-a-service product that they say will bring "unprecedented speed" to mortgage originations...


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Short Takes: Rocket Looks to AI / Redfin’s Lending Slows / Velocity Increases Production / Great Ajax Considering Options

November 3, 2023
Brandon Ivey and James Dohnert
“I believe AI will be at the center of how clients buy, sell and finance homes,” said Varun Krishna, the new CEO of Rocket Companies.
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Short Takes: Zillow Boosts Originations / Figure Offers HELOC Tech / Sterling Bank and Trust Turns to Rocket / CHLA Seeks Streamlined Exams by States

November 2, 2023
Brandon Ivey
Zillow's production increased 35% from the second quarter.
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FCI Taps Private Blockchain for Servicing

October 24, 2023
James Dohnert
FCI Fintech developed a patent-pending interplanetary file system that allows the private blockchain to be live with the servicing program.
Read More
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