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HMDA Data Testing, TPO HELOC; MSR Risk Mgt. Products; CFPB to pay $6 Million - Vimarsana News

HMDA Data Testing, TPO HELOC; MSR Risk Mgt. Products; CFPB to pay $6 Million

Ahead of Groundhog Day tomorrow, one realizes that our industry certainly has its share of unexpected ups and downs. The latest example of a “down” is Mike Gill, a SVP of Capital Markets at the Housing Policy Council, who is fighting for his life after a shooting during a car-jack. Let’s all think positive thoughts! In other “people who make a difference” news, Brian Levy has some nice words to say about ex-MBA president and FHA Commissioner Dave Stevens in his most recent Mortgage Musings. Levy highlighted how Stevens’ death is a big loss for housing ...

Ice fishing goes on around Chicago and leads this sprawling raw-file Midwest Fishing Report; plus the North American Ice Fishing Circuit visits Channel and Catherine lakes on Sunday and there's a few coho reported in Indiana. - Vimarsana News

Ice fishing goes on around Chicago and leads this sprawling raw-file Midwest Fishing Report; plus the North American Ice Fishing Circuit visits Channel and Catherine lakes on Sunday and there's a few coho reported in Indiana.

Ice fishing goes on around Chicago and leads this sprawling raw-file Midwest Fishing Report; plus the North American Ice Fishing Circuit visits Channel and Catherine lakes on Sunday and there’s a few coho reported in Indiana.

Contract, Conversion, Retention, Margin Mgt. Tools; Jumbo and Non-QM News; Rates Near 2021 Highs - Vimarsana News

Contract, Conversion, Retention, Margin Mgt. Tools; Jumbo and Non-QM News; Rates Near 2021 Highs

Today is about the day when you have to think twice about wishing anyone, “Happy New Year.” Okay, maybe tomorrow. There’s a lot of news out there to start 2022, including mortgage news. Moves by Freddie, Fannie, FHA, and VA have a ripple effect on the jumbo and non-Agency market as well. We were reminded of this yesterday when Freddie Mac and Fannie Mae, via their conservator FHFA, publicized April changes to their loan level price adjustments. Freddie announced “…changes to our Credit Fees in Price for super conforming mortgages and mortgages secured by seco...