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Radian to Sell its Mortgage Conduit

September 25, 2025
Abby Zimmardi
The non-agency conduit owned by Radian is for sale. The entity started issuing MBS about a year ago and stood out among competing providers of private mortgage insurance.
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World Bank Issues Inaugural CLO

September 25, 2025
Shannon Clark
The $510 million deal received a AAA rating from Moody’s Ratings.
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Sierra Pacific Plans MSR Sale After Union Home Acquisition

September 25, 2025
Paul Muolo and Brandon Ivey
After agreeing to unload its production unit to Union Home Mortgage, Sierra Pacific Mortgage is separately set to sell MSRs.
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Home Price Appreciation Poised to Turn Negative

September 25, 2025
Abby Zimmardi
After years of appreciation, home prices are leveling off and could even decline.
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Little Reporting Relief Likely for Public Mortgage Nonbanks

September 25, 2025
Paul Muolo
Nonbank mortgage companies would continue to face reporting obligations even if earnings disclosures from public companies become less frequent, as talked about by the Trump administration.
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MBA, ABA Urge Congress to Pursue NFIP Reform

September 25, 2025
Shannon Clark
The trade groups offered suggestions to lawmakers as part of a bipartisan effort to reform the National Flood Insurance Program.
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Proposed Servicing Reforms Could Add Costs

September 25, 2025
Emmeline Willey
Proposed changes to servicing rules to discourage foreclosures or require nonbanks to maintain cash buffers could add costs for borrowers, according to a report from the Congressional Research Service.
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Broker Group, Former Chair Battle Over Wages Continues

September 25, 2025
James Dohnert
Katie Sweeney denied allegations from the Association of Independent Mortgage Experts that she steered sponsorships and contracts away from the trade group for personal gain.
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Non-Agency Market Growing, DSCR Concerns Linger

September 19, 2025
Abby Zimmardi
Players in the non-qualified mortgage market are expecting interest rates on non-agency mortgages to slowly fall following the Federal Reserve’s cut to the federal funds rate.
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Correspondent Share of Nonconforming Lending Up

September 19, 2025
Abby Zimmardi
The correspondent channel gained market share from both the retail and broker channels in the first half of 2025. (Includes data table.)
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