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Annaly Adds to MSR Holdings With Pennymac Move

October 9, 2025
Paul Muolo
Annaly Capital Management is buying a portfolio of lower-coupon MSRs from Pennymac, and also tapping Pennymac as subservicer of the portfolio.
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One More Court Finds NBA Doesn’t Preempt Certain State Laws

October 9, 2025
Shannon Clark
Relying on the Supreme Court’s direction to apply a “nuanced comparative analysis” for determining federal preemption, some lower courts are finding that the National Bank Act doesn’t preempt state laws.
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Another Bank Owned by a Nonbank CEO

October 9, 2025
Paul Muolo
CA-based CMG Mortgage CEO and owner Chris George now owns a federally insured depository in Wisconsin. He’s putting an emphasis on hometown service and expanded mortgage offerings.
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Fannie Tweaks Rental Income Rules

October 9, 2025
Dennis Hollier
Policy changes at the mortgage giant should make it easier for borrowers to purchase properties with ADUs.
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GSE Conforming Jumbo Business Trending Down in 2025

October 3, 2025
Abby Zimmardi
The volume of conforming jumbo mortgages in the first nine months of 2025 fell by 17.2% compared to 2024. (Includes data table.)
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Delinquencies on Non-QMs Spike in August

October 3, 2025
Abby Zimmardi
The impairment rate on securitized non-qualified mortgages rose sharply in August. The increase can largely be explained by the month ending on a Sunday, according to dv01.
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Expanded-Credit Lenders Partner With Investors

October 3, 2025
Abby Zimmardi
Invictus Capital Partners and CrossCountry announced separate partnerships with loan investors.
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Losses Mount at Fix-and-Flip Player Groundfloor

October 3, 2025
Abby Zimmardi
Groundfloor Finance took a $2.1 million loss in the first half of 2025. The firm focuses on fix-and-flip lending.
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Constructive Capital Touts Looser Underwriting

October 3, 2025
Abby Zimmardi
Constructive Capital is posting below average delinquency rates on mortgages for investment properties while offering more lenient underwriting than the industry average.
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Better Launches HELOCs With Bank Statement Underwriting

October 3, 2025
Abby Zimmardi
Better’s new home equity line of credit offering is aimed at self-employed borrowers and small-business owners.
Read More
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