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Coming Up:
USMI Requests ‘Capital Ratio’ Update From FHA
USMI says Congress should consider replacing the 2% Capital Ratio requirement with an updated stress-based, loan-level risk-weighted standard
Cornerstone Financing Launches New Wholesale Program
The new Prime HEI offering lets licensed mortgage brokers help homeowners unlock equity with no debt, no interest, and no monthly payments
Rice Park Capital Acquires Rosegate Mortgage
The deal extends Rice Park’s capabilities throughout the mortgage value chain, enhancing its MSR recapture and retention strategies
As Home Prices Slip, Mortgage Fraud Risk Intensifies
Mortgage fraud risk increased 8.2% year-over-year in Q3, with an estimated one in 118 applications showing indications of fraud
Signed, Sealed, and Delivered
Pros who speak the language of lending
CFPB's Funding Nearly Exhausted
In a recent court filing, OMB Director Russell Vought contends that the Bureau is legally barred from drawing funds from the Federal Reserve, the mechanism through which it has traditionally been financed
Signed, Sealed, Delivered
With roots in deaf culture and deep knowledge of VA loans, Future Home Loans’ Jaime Rhude bridges communication gaps other lenders don’t see
NMP
BayCoast Mortgage Welcomes New VP
Amy C. Tierce brings more than 30 years of experience to her new role as vice president, senior loan officer for the Massachusetts-based full-service lender
CIC Partners With FICO On Direct License Program
The program streamlines score access, enabling CIC to provide better FICO Score pricing to its customers