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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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Investor Loan Origination Volume Increases in December

February 7, 2025
James Dohnert
Residential transition and debt service coverage ratio loan originations increased during December, bucking a seasonal trend.
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Propy Originates Crypto-Backed Loan for Condo

February 7, 2025
James Dohnert
Borrowers working with the lender can use Bitcoin or Ethereum cryptocurrency as collateral.
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New Admin Looks to Refocus Agencies’ Agenda

February 7, 2025
James Dohnert
The Trump administration is expected to put an early focus on reducing regulation and improving efficiency at federal housing agencies.
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Industry Asks VA to Provide More Time for API Mandates

February 7, 2025
Namrata Bhatia
VA is considering a rule that would require lenders to use a new application program interface to report loan information and remit funding fees to the agency. It also plans to rewrite rules regarding when VA would assert a defense for a partial or total loss of a guarantee.
Read More
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