After 50 bps fee backlash, FHFA will review capital rule

The Federal Housing Finance Agency (FHFA) will review the enterprise regulatory capital framework in the “near term,” officials said — after getting an earful from industry players since unveiling a new securities fee. For now, however, the new 50 basis point fee charged on securities backed by one enterprise and later secured by

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Banks report rise in mortgage delinquencies

Banks reported an increase in foreclosures during the first quarter of 2022, according to a quarterly survey published by the Office of the Comptroller of Currency this week. The survey, which examined servicing metrics provided by seven undisclosed national banks, found that 19,542 new foreclosures were initiated in the first

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Announcing the 2022 Marketing Leaders!

Connecting with clients and consumers has never been an easy task, and today’s market has been no exception. On the heels of a global COVID -19 pandemic that keeps rearing its head, the housing economy is now faced with rising rates and dismal inventory. Tasked with an endless list of

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Deephaven Mortgage offers hands-on training to help brokers gain expertise with non-QM product offerings

With more hopeful homeowners searching for non-traditional lending solutions, brokers are looking to partner with wholesale lenders that can offer unique options. For those borrowers historically underserved in the traditional mortgage industry, Deephaven Mortgage has proven that its expertise in the non-QM space can benefit both brokers and borrowers. With

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