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Home » Authors » Emmeline Willey

Articles by Emmeline Willey

MBA Purchase Index Up Against Weak Prior Year

July 18, 2025
Emmeline Willey
The Mortgage Bankers Association’s purchase index is a poor indicator of the health of the housing market this year, primarily because government loan applications were significantly down this time last year, according to Goldman Sachs analysts.
Read More

Court Rules No Refund on Voluntary PMI Cancellation

July 18, 2025
Emmeline Willey
A U.S. appeals court ruled that a borrower is not entitled to a refund of prepaid private mortgage insurance if voluntarily canceled before the statutory termination.
Read More

Consumers Allege loanDepot Pushed Employees to Write Higher-Interest Loans

July 18, 2025
Emmeline Willey
Consumers are suing loanDepot over allegations it used illegal compensation structures to encourage LOs to push higher interest-rate loans.
Read More

Short Takes: PNC Posts Decline in 2Q Servicing / VA Partial Claims Still Pending / Ginnie Adds $22 Billion to Portfolio / Listing Price Growth Slowing

July 18, 2025
Emmeline Willey
A servicing decline led to 4% less mortgage-related revenue for PNC.
Read More

Airlines Leaning on Loyalty ABS to Balance Liquidity

July 17, 2025
Emmeline Willey
Airlines have been balancing liquidity constraints through securitizations of loyalty program future flows, which sometimes exceed the earnings of actual flight operations, according to a recent report from S&P Global Ratings.
Read More

HUD Appropriations Bill Far Exceeds Trump’s Budget Ask

July 17, 2025
Emmeline Willey
The draft appropriations budget for the Department of Housing and Urban Development is more lenient than the Trump administration’s request, but still zeroes out fresh funding for the HOME program.
Read More

Renters to Benefit From GSE Acceptance of VantageScore

July 17, 2025
Emmeline Willey
An update to the credit scoring rules at Fannie Mae and Freddie Mac is expected to improve renters’ mortgage eligibility.
Read More

Clash of the Credit Scores

July 17, 2025
Emmeline Willey
Competition heats up between VantageScore and the Fair Isaac Corporation.
Read More

Short Takes: New Home Apps Up YoY / Trump 'Unlikely’ to Fire Powell / CHLA Welcomes VantageScore / Banks Compete on Deposit Repricing

July 17, 2025
Emmeline Willey
Mortgage applications for new home purchases were up year-over year.
Read More

FHA Loosens New Construction Floodplain Standards

July 16, 2025
Emmeline Willey
The agency rescinded a 2024 policy imposing certain standards on new construction in areas with a 1% annual chance of flooding.
Read More
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