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Katie Jensen

Associate Editor

Katie Jensen is a mortgage news reporter at NMP.

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OCC Plans To Rescind 2020 CRA Rule

The OCC formally issued a proposal to rescind a controversial rule within the Community Reinvestment Act (CRA) that was published in June 2020.

UWM Announces Direct Appraisal Service

President and CEO of United Wholesale Mortgage, Mat Ishbia, has made another shocking announcement via Facebook live that will rock the entire mortgage industry.

Sep 09, 2021
Old Republic Title Insurance Ends No-Poach Agreements After State Investigation

Attorney General James ends anti-competitive labor practices for one of the largest title insurance companies in the nation.

Sep 09, 2021
Tropical Storm Ida Causes $16b To $24b In Losses For The Northeast Region

Total insured flood loss for residential and commercial properties in the Northeast is estimated to be between $5 billion to $8 billion.

Sep 09, 2021
Optimism Weakens And Financial Stress Heightens

The latest IBD/TIPP Economic Optimism Index, a national poll that measures consumer confidence, dropped for the third consecutive month.

Sep 09, 2021
Lenders Anticipate Tighter Profit Margins In Q3

For the fourth consecutive quarter, mortgage lenders expect near-term profitability to decrease, according to Fannie Mae’s Mortgage Lender Sentiment Survey.

Sep 09, 2021
Zombie Foreclosures Remain Low For Now

Zombie foreclosures dropped 7% nationwide in the third quarter of 2021, but this figure could increase as the federal moratorium comes to a close.

Sep 08, 2021
FHFA And The Enterprises Coordinate Action On Equitable Housing

Today the FHFA is announcing that Fannie Mae and Freddie Mac (the Enterprises) will submit Equitable Housing Finance Plans to the FHFA by the end of 2021.

Biden Combats Corruption In U.S. Real Estate

The Biden Administration recently issued a policy memorandum that identifies combating corruption as a national security priority.

Sep 07, 2021
SimpleNexus Approved As eClosing Solution Provider For Both GSEs

SimpleNexus, a homeownership platform developer, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider.

Sep 07, 2021