The reproposal of bank capital rules for mortgages appears to deliver on earlier signals, including looser servicing asset rules, additional loan-to-value ratio distinctions and accommodations for credit enhancement. Processing Content But some fear there could be a catch in the small print of the new Basel III plan. “Capital rules are notoriously complex, but […]
Basel reproposal’s impact on non-bank mortgage lenders Read More »
With mortgage rates expected to hover near current levels for much of 2026, lenders shouldn’t count on rate drops to drive originations growth — and a panel of leading economists at Intercontinental Exchange’s ICE Experience conference in Las Vegas this week made clear where volume will actually come from. Processing Content “We’re essentially back in
Forget rate drops — here’s where mortgage volume will come from Read More »
While the mortgage industry is watching how the situation between UWM Holdings and an unnamed buyer for Two Harbors will work out, another large lender is diving headlong into a merger. Processing Content CrossCountry Mortgage, the Cleveland-based lender that says it’s been No. 1 in retail three years running, has agreed to buy another privately
CrossCountry adding top 35 lender Summit Funding Read More »