Loan Think

Explicitly including estimates of recapture in MSR valuations puts FASB at risk of mixing apples with oranges by combining a cash-flow based valuation with a completely speculative assumption, writes the Chairman of Whalen Global Advisors.

Allowing lenders to choose the number of credit reports they use would force the credit bureaus to clean up their data issues and provide consistent scoring, writes the Chairman of Whalen Global Advisors.

Home finance firms have until October 2nd to register for the annual ranking of the Best Mortgage Companies to Work For.

As Treasury market volatility strains IMB funding, buying a bank or insurer offers permanent capital and stronger ratings, according to the Chairman of Whalen Global Advisors.

To manage systemic risks, Congress must give large IMBs a single federal regulator and emergency liquidity backstops, according to NewRez's SVP of Policy.

In a contentious hearing in the House Financial Services Committee, congressional Democrats evinced serious skepticism about the Federal Home Loan Bank System. That could bode ill for the Home Loan banks should control of the House flip in November.

Iran war and the AI-credit unwind signal higher-for-longer rates, wider spreads, forced cost cuts industrywide, writes the chairman of Whalen Global Advisors.

As written, new capital standards for U.S. banks fail to account for the additional risk posed by many home loan clients who obtain second mortgages. Fixing the problem will significantly reduce the rule's benefit to banks.

New York's new law requiring lenders to honor their own mortgage payoff instructions reduces delays and costs for consumers, argues the American Land Title Association.