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Waivers, AUS are lenders' hedge against any UAD 3.6 crunch

National Mortgage
Mortgage Finance
2 months ago

The Uniform Appraisal Dataset 3.6 is set to create massive changes to the appraisal industry when it becomes mandatory on,.. Read More;

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Cotality: mega investors retreated pre-ROAD act

National Mortgage
Mortgage Finance
2 months ago

While the third quarter will be the true test of the 21st Century ROAD to Housing Act's impact on investor,.. Read More;

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Trump signs bill funding the government through December

National Mortgage
Mortgage Finance
2 months ago

Key insight: The House on Tuesday passed a continuing resolution to fund the government at existing levels through mid-December, and,.. Read More;

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High sixes stall refi; target buyers adjusting to new normal

National Mortgage
Mortgage Finance
2 months ago

Surging 10-year Treasury yields pushed mortgage rates deeper into high-six-percent territory this week — its highest point since the start,.. Read More;

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GSE changes, Boxabl pact spur mortgage lending opportunities

National Mortgage
Mortgage Finance
2 months ago

Fannie Mae and Freddie Mac latest selling guide updates give lenders more leeway in some areas, including the lower-cost factory-built,.. Read More;

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Non-QM specialist Truss Financial becomes latest broker turned lender

National Mortgage
Mortgage Finance
2 months ago

California mortgage firm Truss Financial Group announced a pivot into direct lending, making it the latest company this year to,.. Read More;

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Fed's Waller: underlying inflation might be lower than we think

National Mortgage
Mortgage Finance
2 months ago

Key insight: While markets had been favoring a federal funds rate hike this month, Federal Reserve Gov. Christopher Waller believes,.. Read More;

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Rocket Pro to offer brokers support to flip from UWM

National Mortgage
Mortgage Finance
2 months ago

Rocket Mortgage is mounting its latest challenge against United Wholesale Mortgage's controversial "All-In" policy with a new broker transition program,.. Read More;

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As feds retreat, California boosts fair-lending enforcement

National Mortgage
Mortgage Finance
2 months ago

Key insight: The California legislature has passed a bill empowering the state's own regulators to enforce fair-lending laws.What's at stake:,.. Read More;

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Selene suit exposes servicer default notice risks

National Mortgage
Mortgage Finance
2 months ago

Borrowers are scrutinizing default notice practices in a budding class action lawsuit against a servicer.Processing ContentNorth Carolina-based plaintiffs say their,.. Read More;

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Angel Oak Mortgage raises $228.2 million from mostly non-QM assets

National Mortgage
Mortgage Finance
2 months ago

A pool of mortgages, a majority of which are designated as non-qualified, will secure $228.2 million in residential mortgage-backed securities,.. Read More;

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Rate adds leading producers to expand P&L branch business

National Mortgage
Mortgage Finance
2 months ago

Chicago-based Rate is opening a profit and loss branch in the city's Elmhurst suburb, bringing in two former Fairway Independent,.. Read More;

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