Corina Gonzalez, a senior vice president at DBRS, believes it will take time for the new standards to prompt changes in the origination equation.

MORPAC raised roughly $1.5 million in 2020 and made more than $2.3 million in political contributions during the 2019/2020 cycle.

A few fun facts about Home Point: Through the first nine months of 2020 the company posted net earnings of $422 million compared to a loss of $45 million for the comparable period a year earlier.

The underlying loans have seasoned for an average of 28 months.

Between 2014 and 2018, Renovate America issued 13 PACE ABS, amassing a volume total of $2.83 billion. However, the company didn’t issue a single deal after May 2018...

The regulatory language — years in the making and prompted by the growing market share of nonbank servicers — addresses capital, liquidity, stress testing and risk management among other things.