With refi lending expected to wane, lenders are planning to create a faster, more efficient experience for borrowers, according to a new study from Fannie Mae.
One of the five draft bills proposed by the House Democrats this week seeks to establish a board that would be responsible for assigning rating services to provide grades on MBS and ABS.
As might be expected, Republicans on the committee weren’t convinced that Congress should create an entity that would be involved in the assignment of credit ratings.
Blend Labs netted $360 million from its IPO at a valuation of more than $4.0 billion. Meanwhile, Better Mortgage is in the process of going public via a SPAC.