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Grapevine: APOR Confusion; Gould Nominated to OCC

February 13, 2025
Namrata Bhatia, Dennis Hollier, and Paul Muolo
Absent APOR figure, lenders and mortgage-backed securities buyers would be uncertain whether loans were QM.
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GSE CRT Activity Plummets in 4Q

February 13, 2025
James Dohnert
Fannie issued no Connecticut Avenue Securities during the final three months of 2024.
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States Moving Towards ‘Fair Access’ Legislation

February 13, 2025
Shannon Clark
Fair lending legislation has shifted gears towards ensuring all consumers have access to financial services regardless of their political beliefs.
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Onity Boosts Profits in 2024

February 13, 2025
James Dohnert
Onity's profits nearly doubled in 2024 despite losses in the fourth quarter.
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Short Takes: Homebuyers Increasingly Turning to AI / Sellers Cutting Prices to Woo Buyers / Chase Plans Jumbo MBS / Rocket Preps MBS of CES Loans

February 13, 2025
James Dohnert
One in three homebuyers are using artificial intelligence tools at some point during the process.
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Non-Agency MBS Issuance Takes Major Leap in 2024

February 12, 2025
James Dohnert
Chase and UWM led the way as the top contributors to non-agency MBS issued in 2024.
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Short Takes: Powell Raises Insurance Alarm Bells / Angel Oak Markets MBS / Kiavi Expands / House Dems Call for Answers on CFPB Funding Request

February 12, 2025
James Dohnert
The Federal Reserve chair said in 15 years there are likely to be regions in the country where you can't get homeowners insurance.
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Updated MD Guidance Leads to Uncertainty for Non-Agency

February 7, 2025
James Dohnert
Updated guidance has exempted the GSEs from state mortgage licensing requirements but non-agency market participants still need to comply with the rule by April.
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Record Year for Onslow Bay’s Non-Agency Activity

February 7, 2025
James Dohnert
Onslow Bay’s non-agency correspondent aggregation and sales originations lifted Annaly’s earnings in the fourth quarter.
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Non-Agency Loans Help PennyMac Boost Earnings

February 7, 2025
James Dohnert
Increases in non-agency originations contributed to earnings growth at PennyMac in the fourth quarter.
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