by Eric Klopfer | Aug 31, 2017 |
Recently the Consumer Financial Protection Bureau (CFPB) invited comment on its plans to assess its Ability to Repay/Qualified Mortgage (QM) rule. Federal law requires the CFPB to assess important rules every five years, and certainly the QM rule qualifies as...
by Lloyd San | Apr 15, 2015 |
The non-Qualified Mortgage (non-QM) world has been relatively quiet since the initial hype and speculation after Qualified Mortgage (QM) rules took hold. One reason may be the many originator risks associated with these loans. However, recent studies by Moody’s...
by Ben Smidt, MA | Feb 12, 2015 |
Over the past year, MGIC Connects has been a new way for us at Mortgage Guaranty Insurance Corporation (MGIC) to share our perspective and knowledge on the mortgage industry. Our average co-worker tenure of nearly 18 years within the mortgage industry has allowed us...
by Lloyd San | Dec 31, 2014 |
They say the key to making good predictions is to make a lot of them and make them often! Certainly, forecasts and mortgage industry predictions are not hard to come by this time of year. Rather than make my own, I thought it best to share the wisdom of experts. The...
by Lloyd San | Oct 23, 2014 |
In the non-qualified mortgage (non-QM) space, there has been lots of hype and growth with some bank and nonbank entrants acting as investors on the origination side. Warehouse banks have been less eager to participate. Their biggest hurdle to date has been liquidity...