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.Read More
GSE CRT Activity Plummets in 4Q February 13, 2025 James Dohnert Fannie issued no Connecticut Avenue Securities during the final three months of 2024.Read More
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.Read More
Onity Boosts Profits in 2024 February 13, 2025 James Dohnert Onity's profits nearly doubled in 2024 despite losses in the fourth quarter.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More
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.Read More