HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.
FHA implements multifactor authentication for Catalyst to root out phishing scams
FHA is rolling multifactor authentication into Catalyst, which the agency said will be mandatory starting July 28.
Newrez hires former CFPB exec Mark McArdle to lead mortgage policy efforts
Mark McArdle, who left the Consumer Financial Protection Bureau in February, will lead regulatory and public policy efforts at Newrez.
StreetEasy to deploy Zillow’s listing standards in June
Agents and teams that violate the policy will lose access to several products and programs through StreetEasy and Zillow.
Competition for mortgage underwriters has never been fiercer
Record-setting mortgage originations coupled with a resurgent private-label securitization market have created an expanding demand for loan underwriters at a time when they are in scarce supply. HW+ Premium Content
Underwriter shortage slowing the pace of private-label deals
Loan underwriters are the chief cause of the RMBS logjam. They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market. HW+ Premium Content
Will Omicron variant stop first Fed rate hike?
What does news about the spread of the new Omicron variant mean for mortgage rates? Lead Analyst Logan Mohtashami lays out what to watch.