New Products, Expansion; Legal and Political Updates

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Posted To: Pipeline Press

Welcome to Day 1 of the longest period in the United States without a federal holiday: President’s Day to Memorial Day. Some will think, “That’s a drag,” while others will think, “That’s more days to fund loans!” Speaking of fundings, the precise HMDA information for 2017 won’t be out until September. But if you want a solid estimates for single family originations in 2017, Marina Walsh, VP of Industry Analysis with the MBA, points out tha its website is a good place for information on units and dollar volume, and thoughts about 2018. Legal and Political Updates There have been developments in repurchase/make-whole litigation. Although the number of repurchase suits appears to have been slowing down, James Brody, Chair of the Mortgage Banking Group…(read more)

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