3+ week, 1+ day ago   (374+ words) About 10 senior Fannie Mae leaders across capital markets, regulatory affairs, and multifamily departed this week, and the WSJ reported some exits were tied to eliminated roles. AI Summary Fannie Mae cut a group of seasoned professionals across several business lines…...

1+ mon, 1+ week ago   (703+ words) FDIC and OCC proposed CRA changes that tighten community development grant credit and raise asset thresholds for bank categories. Large banks would face a 15% cap on indirect grant costs, and comments are due 60 days after publication. AI Summary Federal banking…...

1+ mon, 1+ week ago   (726+ words) A Facebook post from NEXA CEO Mike Kortas urged loanDepot loan officers to move to NEXA with incentives and criticism of loanDepot strategy. loanDepot declined comment as litigation continues and the lender expands hiring and operations, including a Miami center....

1+ mon, 2+ week ago   (544+ words) A Consumer Financial Protection Bureau analysis of HMDA data shows proprietary reverse mortgages, not FHA-insured HECMs, are responsible for most of the reverse mortgage industry’s recent growth. Total reverse volume rose from $6.25 billion in 2023 to $9.65 billion in 2025, with proprietary loan…...

1+ mon, 2+ week ago   (820+ words) Washington state regulators fined West Capital Lending Inc. $75,000 and assessed a $3,000 investigation fee under a July 8 consent order. The department alleged unlicensed mortgage activity, supervisory plan gaps, disclosure failures, bond issues, and late or inaccurate reporting. AI Summary Regulators in…...

1+ mon, 3+ week ago   (1074+ words) To learn more, I sat down with Eric Olson and Stacy Flanigan, two experienced senior account executives at Angel Oak Mortgage Solutions. Based on what they’re hearing from originators every day, they shared four strategies to adapt their approach and…...

1+ mon, 3+ week ago   (794+ words) When rates surged and the mortgage market shifted almost overnight, lenders were forced into difficult decisions. Growth plans changed. Costs were reassessed. Teams had to adapt quickly to a different operating reality. At Atlantic Bay Mortgage Group, that moment reinforced…...

1+ mon, 3+ week ago   (468+ words) FHA is proposing RAP to replace partial claim subordinate liens with servicer advances booked as a non-interest balance on the FHA-insured first mortgage. The draft also adds RAPTOR repayment options of up to 48 months and sets incentive fees for participating…...

1+ mon, 3+ week ago   (487+ words) But if we remain in an inflationary environment before the next housing downturn, the Fed may not respond by lowering the cost of credit, so we cannot rely on monetary policy to fund the use of these tools in the…...

1+ mon, 4+ week ago   (1612+ words) Finance of America CEO Graham Fleming says reverse mortgage growth depends on consumer choice across HECM, proprietary, second-lien and HELOC products. FOA leads 2026 HECM endorsements with nearly 2,500 through the first six months, and Fleming outlined its Better partnership, Blue Owl…...