State Servicing Standards Gain Traction. Coverage Nears 99% February 25, 2025 Shannon Clark Oversight standards are moving forward, despite the deregulatory bent of the Trump administration.Read More
Short Takes: NMLS Processing Fees Increase / New Home Apps Ease in January / Residential Vacancies Fall / Sunflower Bank Hires New CBO February 21, 2025 Shannon Clark Fees will increase for both state licensure and federal registration beginning March 1.Read More
More Securitization of Home Equity Investments Expected February 20, 2025 Shannon Clark 2025 may be the year that home equity investment products rapidly expand into the securitization market, according to HEI provider Hometap.Read More
CSBS Prudential Standards for Nonbanks Gaining Traction February 20, 2025 Shannon Clark Multiple states are drafting exam procedures that align with the prudential standards established by the CSBS.Read More
CSBS’ Milhorn Hoping for Reforms to Ginnie Program February 20, 2025 Shannon Clark CSBS is interested in advocating for broader reforms in the mortgage industry beyond its central supervisory and examination focus.Read More
Homebuying Market More Active as Lock-in Effect Eases February 20, 2025 Shannon Clark By the second quarter of 2025, more than 50% of mortgages could hold interest rates higher than 4%, according to Mat Ishiba, chairman and CEO of United Wholesale Mortgage.Read More
States, Feds Likely to Divvy Up Oversight Focuses February 20, 2025 Shannon Clark State and federal regulators are likely to differ when it comes to their oversight priorities over the next few years.Read More
Short Takes: Remodeled Homes Take Priority / ServisFirst Bank Hires New CFO / Snapdocs Earns First MISMO Compliance / Cash Purchases Hit Lowest Share February 20, 2025 Shannon Clark Fixer-uppers are selling for 7.3% less than similar remodeled homes, the largest discount in three years.Read More
MFA Financial Experiences Net Loss in 4Q24 February 19, 2025 Shannon Clark At press time, MFA's shares were up slightly on the day to $10.32 a unit. Its 52-week low is $9.36, its high $13.45.Read More
Court Upholds Ocwen FDCPA Violation February 19, 2025 Shannon Clark Onity Group, which owns the servicer, noted that the decision stemmed from a "legacy practice."Read More