Some 17.2% of homeowners with mortgages had an interest rate greater than or equal to 6% at the end of the third quarter of 2024, compared to 12.3% in the third quarter of 2023.

Servicing executives said enhanced data have helped homeowners avoid foreclosure and kept overall losses down for investors.

PennyMac Financial Services upsizes debt offering by $200 million; Freedom Mortgage is set to issue $500 million of senior unsecured notes; Beeline Labs raises capital for MagicBlocks; Rocktop Technologies and One Diligence launch an AI-enabled natural disaster risk evaluation solution; Usherpa launches a new workflow management tool.

Rates were up across all default categories in the fourth quarter of 2024.

The next round of improvements will ease the application process for mortgage loan originators.

The REIT expects that its bank relationships and innovative loan products will boost earnings in 2025.

A full plate of agenda items and a lack of experienced leadership makes a GSE exit from conservatorship unlikely under the new administration.

Consumers say they are willing to pay extra for more secure real estate transactions.

Treasury Secretary Bessent’s cautious remarks about the prospect for GSE reform heighten industry skepticism about the release of Fannie Mae and Freddie Mac from conservatorship.

Rithm issued seven MBS deals last year and expects to continue growing its securitization business in 2025.