HUD Faced Difficulties Facilitating Telework February 15, 2023 Monica Hogan HUD telework infrastructure was insufficient, at times, during the pandemic, according to findings by HUD’s Office of Inspector General.Read More
A Problem for Mortgage Servicers: Rising Costs February 8, 2023 Paul Muolo Albrecht cited “increased costs for technology and staff to handle dramatically higher regulatory demands from multiple states and the feds.”Read More
Congress Closed Out 2022 Approving New FHA Funding, More... January 6, 2023 Brandon Ivey Lenders were particularly happy about the increases in FHA’s budget.Read More
Crypto Bank Silvergate Finally Admits Its Exit from Warehouse Finance January 5, 2023 Paul Muolo Silvergate’s warehouse business was led by Elaine Batlis, who had been with the company since 2009...Read More
Short Takes: It’s All About the Burn / Company Valuations? / FoA’s Debt Nears Ugly / Crypto Warning / Silvergate Update January 4, 2023 Paul Muolo Former warehouse provider Silvergate Capital has seen its share price bounce recently...Read More
Go Figure, a Mortgage-Related SPAC Hits the Wall December 21, 2022 Paul Muolo FAC is headed by financial services fintech pioneer Mike Cagney...Read More
A Tough Row to Hoe for Better.com November 30, 2022 Paul Muolo A historic correction in originations has marred Better's SPAC plans...Read More
CFPB Guidance: Lax Data Security Could Be an Unfair Practice November 10, 2022 Sam Manas The new guidance suggests any firm not using cost-efficient data security measures will be risking substantial injury...Read More
FHA Chief Seeks Stable Funding for IT Upgrades November 2, 2022 Monica Hogan Gordon said the prolonged confirmation process regarding her appointment interrupted the continuity of leadership at the agency.Read More
Smaller Shops Want FHFA's Help on Tech Fees October 26, 2022 Brandon Ivey While large lenders have developed their own mortgage tech systems, smaller shops are more reliant on third-parties...Read More
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