Despite a recent warning about an uptick in prepays, FHA seems to be leaning in the direction of adopting changes that will increase them, writes the chairman of Whalen Global Advisors. https://www.nationalmortgagenews.com/opinion/will-lenders-get-a-pass-on-ginnie-mae-prepays
NextGenMortgage
Zombie property apocalypse fails to materialize
Fears that foreclosures and abandoned property rates could spike once Covid-19 moratoriums ended have not come to fruition, Attom Data Solutions said. https://www.nationalmortgagenews.com/news/zombie-property-apocalypse-fails-to-materialize
Newfi enters into strategic agreement with investment lender
The deal is expected to open up "substantial funding capacity" for Los Angeles-based BARH Dunmore, which launched in 2021. https://www.nationalmortgagenews.com/news/newfi-enters-agreement-with-real-estate-investment-lender
Guaranteed Rate denies toxic workplace accusations
A probe by the Chicago Tribune alleges sexual harassment and verbal abuse at the workplace. https://www.nationalmortgagenews.com/news/guaranteed-rate-denies-toxic-workplace-accusations
Real estate industry not prepared for commission changes, analyst finds
The changes that affect how buyer broker commissions are paid go into effect on Aug. 17, but there's much uncertainty about carrying them out, said Ryan Tomasello of KBW. https://www.nationalmortgagenews.com/news/real-estate-industry-not-prepared-for-commission-changes-analyst

