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October 5, 2017

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HMDA Results: Some Minority Groups Gained Ground in 2016 Mortgage Market, but…

Roughly 25.6 percent of applications from blacks were denied last year, compared to 15.4 percent for whites. Read More

Purchase-Mortgage Boom Pumps Up Fannie/Freddie MBS Volume in 3Q17

Purchase-mortgage activity in the GSE market surged 21.5 percent higher in the third quarter – and Fannie recorded a whopping 35.9 percent jump in such business… Read More

CFPB Gives Servicers More Flexibility in Dealing with Troubled Borrowers

The interim final rule becomes effective on October 19… Read More

Ocwen Financial Hires Wall Street Veteran Chris Whalen

Early last year Whalen predicted the nation’s four largest commercial banks might exit the business of residential lending and servicing… Read More

More Bulk MSR Packages Hit the Market

Loans from Maryland and Indiana represent a majority of the collateral at 37 percent and 25 percent, respectively… Read More

Short Takes: Deal Makers Bolt Houlihan for Hovde / ThomaLee Buys Controlling Stake in Ten-X / SoFi Reaches Out to Baseball Fans / It Had to Happen Eventually: ‘Crowd Funding’ for a Downpayment / CA VP Victim in Las Vegas Shooting

Houlihan as been a major player in mortgage-related deals ever since it purchased Milestone Partners earlier in the decade… Read More

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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