Namrata Bhatia

Income Share Agreements Are Loans, Says CFPB

September 27, 2021

The CFPB has made it clear that it’s not buying income share agreement providers’ argument that their products are not loans and hence they don’t have to comply with consumer protection laws.

Court Reinstates Property Inspection Fees Lawsuit

September 27, 2021

Namrata Bhatia

Reinstating a class action, Maryland’s Court of Appeals noted that the limitation placed on a lender from charging property inspection fees under the state’s usury law also applies to assignees of the mortgage.

NYDFS Takes Notice of Bias Against Same-Sex Borrowers

September 27, 2021

Namrata Bhatia

The state regulator is taking notice of disparities in mortgage approvals and denials and terms of mortgage credit between same-sex and opposite-sex pairs.

Texas Court Paves the Way for Payday Lending Rule

September 13, 2021

Namrata Bhatia

The payment provisions under the payday lending rule will become effective June 13, 2022. Attorneys suggest lenders with products covered under the small dollar rule begin revising policies and procedures.

DOJ, OCC Go After Lender for Redlining Practices

September 13, 2021

Namrata Bhatia

A recent coordinated action by the DOJ and OCC against an Atlanta-based mortgage lender for redlining practices appears to be a harbinger of things to come under the Biden administration.

Court Approves $1.3 Million Settlement in Kickback Case

September 13, 2021

Namrata Bhatia

The settlement would end a class action filed against Sierra Pacific Mortgage for allegedly receiving illegal payments in exchange for referrals of title work.

Short Takes: The Billion Dollar Earners Club / The Upcoming Rocket Launch / Stone Point Strikes Again (CoreLogic) / Sold: Castle Mortgage

February 4, 2021

Paul Muolo and Namrata Bhatia

If Stone Point’s name sounds familiar, it should. The investment firm has several tentacles wrapped around the mortgage industry. One of its investments is Home Point, the nation’s 15^th largest originator, which went public last Friday.

CFPB Sues 1st Alliance Over Unlawful Lending Practices

January 19, 2021

Namrata Bhatia

The Hartford, CT-based firm is accused of using unlicensed employees to engage in mortgage origination activities in violation of the Truth in Lending Act. The bureau is seeking injunctions against the defendants, as well as damages, redress and penalties.

Reverse Lending Up Sharply in 3Q20

December 31, 2020

Namrata Bhatia

Reverse Mortgage Funding maintained its second-place position but trailed far behind with $743.5 million. Finance of America, which is controlled by the Blackstone Group, moved up a notch to third place with $577.0 million.

HECM Endorsements Sharply Up in 3Q20

December 23, 2020

Namrata Bhatia

Home Equity Conversion Mortgage production increased 19.6% in the third quarter and a whopping 56.9% through the first nine months of 2020.

Namrata Bhatia

ARTICLES

Income Share Agreements Are Loans, Says CFPB

Court Reinstates Property Inspection Fees Lawsuit

NYDFS Takes Notice of Bias Against Same-Sex Borrowers

Texas Court Paves the Way for Payday Lending Rule

DOJ, OCC Go After Lender for Redlining Practices

Court Approves $1.3 Million Settlement in Kickback Case

Short Takes: The Billion Dollar Earners Club / The Upcoming Rocket Launch / Stone Point Strikes Again (CoreLogic) / Sold: Castle Mortgage

CFPB Sues 1st Alliance Over Unlawful Lending Practices

Reverse Lending Up Sharply in 3Q20

HECM Endorsements Sharply Up in 3Q20

Latest Imf News

Borrower Lock-In Easing With Passage of Time

Ginnie Issuance Climbs Slightly in January

Fannie Economists See Interest Rates Staying Higher for Longer

Income and MBS Portfolio Increase at Armour in Fourth Quarter

Featured Data

CRE Securitization Rises in 2025 With Agency MF Boost

Refi Lending Nearly Doubles in 4Q, Purchase Share Drops

FHA Delinquencies Rise to Pandemic Levels

Expanded-Credit MBS Issuance Slows in 4Q

Featured Reports

Mortgage Profitability Report 3Q25 (PDF)

Mortgage Servicing Rights Report: 3Q25 (PDF)

IMF Mortgage Directory: Full interactive database

Agency Seller-Issuer Profile: 3Q25 (PDF)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?