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Home » Authors » George Brooks

Articles by George Brooks

HUD Lists Priorities for 2020, Including DPA, FHAct, More

December 5, 2019
George Brooks

DPA provided by government entities and the disparate-impact standard are among HUD's regulatory priorities for FY 2020, according to the agency's regulatory agenda.


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NY Judge Denies Plaintiff Use of Sampling Expert

December 5, 2019
George Brooks

Late last month, a Manhattan district court judge denied a plaintiff investor's motion to hire experts to perform statistical sampling analysis in a case involving legacy MBS.


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Industry Veteran Launches Servicing, Origination, Collection Firm

November 27, 2019
George Brooks
Steven Stallard, owner of Insight One companies, launched a new specialty firm to provide targeted recovery, component servicing, legal, back-office and outsourcing services to mortgage lenders and servicers.
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Mortgage Rates, Fees Vary Wildly Based on Borrower Location

November 27, 2019
George Brooks
A new study found that the average interest rate in 2018 was 5.40% but a borrower paid as low as 4.24% in Hawaii or as high as 7.71% in Maine.
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Catastrophic Weather Patterns Drive Up Home Insurance Rates

November 27, 2019
George Brooks
Average home insurance premiums have risen in every state in the last decade largely due to the increased frequency and severity of natural disasters, a study by LendingTree’s QuoteWizards found.
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Fitch Finds Disparity in Loan Workout Completion Rates

November 27, 2019
George Brooks
Loan workout applications on the whole have improved, though new servicer metrics introduced by Fitch in the third quarter are showing some disparity in completion rates.
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Genworth Announces First Mortgage Insurance-Linked Note Deal

November 27, 2019
George Brooks

The $302.8 million transaction is comprised of fully collateralized excess-of-loss reinsurance coverage from Triangle Re on a portfolio of existing MI policies written this year.


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VA Updates Guidance on Implementing Fee Hikes

November 22, 2019
George Brooks
VA loan-related provisions in the Blue Water Navy Vietnam Veterans Act of 2019 raise the maximum amount of entitlement available to veterans, the maximum guarantee of loans in excess of $144,000, a revised VA funding-fee table and a fee waiver for certain vets.
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Around the Industry

November 22, 2019
George Brooks

USDA Issuance Surge in 3Q19, Servicing Slightly Up

November 22, 2019
George Brooks
USDA lenders ramped up production in the third quarter of 2019 with a strong boost from purchase originations. More than 50% of total USDA originations were from correspondents. USDA servicing volume was up slightly from a year ago.
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