CFPB indefinitely extends QM Patch
Oct 20, 2020At a session during the Mortgage Bankers Association’s Annual event, Consumer Financial Protection Bureau Director Kathy Kraninger announced the extension of the Qualified Mortgage Patch.
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Mortgage
Fannie and Freddie CEOs talk 2021 challenges, controversial 50 bps refi fee
Oct 20, 2020Freddie Mac’s David Brickman and Fannie Mae’s Hugh Frater also offered their takes on challenges with affordable housing, racial disparities with homeownership, expectations for 2021 and – yes, you knew it was coming – the 50 bps adverse market fee that’s due to hit lenders doing refis beginning in December.
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Real Estate
September single-family housing starts reached highest level since 2007
Oct 20, 2020Single-family housing starts soared in September, a new report from the U.S. Census Bureau shows, despite an overall rate that was dragged down by a decline in multifamily starts.
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Knock Home Swap solution enters the Florida market
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Financial wellness resources offered to NAR members through partnership with Morgan Stanley
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Builder confidence breaks previous 35-year record high
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Fintech
How Jonathan Corr’s passion for automation fueled Ellie Mae’s people-centric culture
Oct 19, 2020Jonathan Corr served as president and CEO at Ellie Mae before announcing his retirement in September when the company was acquired by Intercontinental Exchange. Joe Tyrrell, Ellie Mae’s COO, succeeded Corr as president of ICE. HousingWire sat down with Corr and Tyrrell for an exclusive look back at the changes in the company and in the mortgage industry during the last two decades, as well as what’s ahead.
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The digital mortgage platform empowering the rise of community lenders
Oct 20, 2020Find out more about technology and solutions specifically geared to empower the community lender to offer personalized service to borrowers and to the real estate agent partners from loan application to closing.
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Opinion
CSBS takes aim at nonbanks with proposed rule
Oct 02, 2020
David Stevens writes: “We should all be wary of another set of rules that may be more onerous for this sector of the mortgage market that was not the cause of the last Recession and consists of a group of lenders and servicers that simply follow the rules set by the investors themselves — most of whom are backed by the federal government.”
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