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Home » Rocket

Articles Tagged with ''Rocket''

Banks, Nonbanks Expand Special-Purpose Credit Programs

March 23, 2023
Monica Hogan
Special-purpose credit programs aim to close the racial wealth gap but panelists at a conference said the programs could disappear if underused.
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FHFA Winding Down Its Review of FHLBank System

March 17, 2023
Dennis Hollier
Nonbanks and REITs make a bid for FHLBank membership. Community banks and credit unions say that would be a mistake. Is there a middle ground?
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Larger GSE Sellers Lose Market Share as February Deliveries Plunge

March 3, 2023
Dennis Hollier
Relative standing among the top GSE sellers depended on how slow deliveries fell rather than how fast they rose. (Includes two data charts.)
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Falling Originations Shift Nonbank Focus to MSRs

February 17, 2023
Dennis Hollier
The nonbank share of GSE servicing held steady in 2022 even as sales slipped a bit. (Includes data chart.)
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GSE Deliveries Reach New Lows in January

February 3, 2023
Dennis Hollier
In January, lenders delivered 73.1% fewer mortgages to the GSEs than a year ago, but the month-over-month drop was just 4.5% from December. (Includes two data charts.)
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Depositories Gain Some Share in GSE Servicing

January 20, 2023
Dennis Hollier
The nonbank share of GSE servicing peaked early in 2022. Later in the year, large banks regained some share. (Includes two data charts.)
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Short Takes: SCOTUS Nixes Takings Appeal / Home Purchase Sentiment Ticks Up Slightly / Judge Tosses AML Countersuit In UWM Case

January 10, 2023
Dennis Hollier
SCOTUS declines appeal of net worth sweep case, effectively ending GSE shareholders' takings argument.
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GSE Purchases Continue to Plummet in Fourth Quarter

January 6, 2023
Dennis Hollier
Only two major mortgage lenders — PennyMac and CitiMortgage — managed to deliver more loans to Fannie Mae and Freddie Mac in the fourth quarter than in the third. (Includes two data charts.)
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Brokers, Lenders Question FHA Revisions on Dual Employment

December 22, 2022
Monica Hogan
The FHA has clarified when individuals can perform multiple roles in a single FHA-insured transaction. Some believe it’s a market-altering move.
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Use of Temporary Rate Buydowns Expands

December 15, 2022
Dennis Hollier
Sellers and homebuilders are increasingly reaching for an old mortgage tool to make their homes more attractive to potential buyers.
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