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Short Takes: SCOTUS Upholds Robocall Ban / Zillow Resumes Homebuying in More Markets / Foreclosure Threat Grows / Consumer Financial Protection Week

July 7, 2020
Yemeng Yang

The Supreme Court upheld a law banning cellphone robocalls, striking down a debt-related exception created by Congress in 2015...


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Pandemic Reaction: MBA Moves Annual Convention Online

June 24, 2020
Yemeng Yang

MBA hopes to return to large in-person conferences next year.


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Will a Quicken IPO be a Game Changer for Nonbanks?

June 19, 2020
Paul Muolo

After Quicken, who's next on the IPO dream list? Caliber? loanDepot?


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Black Knight Elects Former OCC Chief Otting to its Board

June 8, 2020
Paul Muolo

Otting's appointment is effective July 1. He has not yet been named to serve on any board-centric committees, which carry extra pay.


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Short Takes: Waiting on FHA’s Forbearance Policy / Getting It Right / Refi Applications Drop / Purchase Apps Spike in New York / Exec Leaves MUFG for Greystone

May 27, 2020
Paul Muolo

Fun fact: Refi applications are up 176% from last year.


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Ginnie Unveils New Version of PTAP to Assist Servicers Facing Liquidity Woes. Note: The Same Borrowing Rate for All

April 10, 2020
Paul Muolo

One of the goals: to assist nonbanks so they are not declared in technical default, an event that would trigger financing covenants they have with their warehouse lenders.


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Mortgage Call Center Workers Move to Their Home Offices

March 19, 2020
Yemeng Yang

Freedom Mortgage said it has mobilized its work-from-home protocols and “dramatically reduced our work-from-office personnel.”


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Mortgage-Related Conferences Canceled Due to Coronavirus Concerns

March 6, 2020
Yemeng Yang

Two mortgage-related conferences scheduled in March were canceled due to concerns over coronavirus spread. 


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GSEs Seek Applications for New Credit Score Models (Bring Cash)

March 2, 2020
Dennis Hollier

Would-be competitors for Fair, Isaac and Company, which owns the FICO models, are going to have to shell out a $200,000 application fee.


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Nonbanks Grab the Mantle on Social Media, Banks Not So Much

February 19, 2020
Yemeng Yang

Most megabanks are mum on their social media policy as it pertains to residential loan officers…


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Latest Imf News

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