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Pennymac to Recognize Disabled Veteran Tax Exemption

October 31, 2025
Emmeline Willey
Pennymac is allowing disabled veterans to use their anticipated property tax exemption for loan qualification purposes in certain states.
Read More

Multifamily FHA Borrowers in Limbo

October 31, 2025
Emmeline Willey
Developers planning to apply for FHA financing for multifamily units have to wait until Congress reaches an agreement to fund the government, prompting an application backlog.
Read More

USDA Lender Offering Free Lock Extensions During Shutdown

October 31, 2025
Emmeline Willey
Click n’ Close is offering free rate lock extensions as the government shutdown puts the USDA home loan program on hold.
Read More

MBA, NRMLA Push Google to Allow Age-Targeted HECM Ads

October 31, 2025
Emmeline Willey
The Mortgage Bankers Association and the National Reverse Mortgage Lenders Association requested that Google modify its rules to permit advertising FHA home equity conversion mortgages to seniors.
Read More

FHA Foreclosure, Application Stats Weaken

October 31, 2025
Emmeline Willey
FHA foreclosures are on the rise, accounting for 38% of all active foreclosures in September.
Read More

Around the Industry

October 31, 2025
Emmeline Willey
Former VA LGY leader passes away; HUD extends program updates.
Read More

Annaly’s Non-Agency MBS Machine Humming Along

October 31, 2025
Abby Zimmardi
Annaly Capital Management and its subsidiary, Onslow Bay Financial, had a strong third quarter, with $2.3 billion in locks of expanded-credit mortgages.
Read More

Pennymac Flourishing in Non-Agency Market

October 31, 2025
Abby Zimmardi
The company has expanded its issuance of non-agency MBS beyond GSE-eligible mortgages for non-owner-occupied properties, adding traditional GSE mortgages to the mix.
Read More

Redwood Takes Loss in 3Q With Asset Sales

October 31, 2025
Abby Zimmardi
Redwood Trust’s core operations were profitable in the third quarter, including record mortgage acquisitions. However, sales of legacy assets prompted a loss at the real estate investment trust.
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Rithm Boosts Non-Agency Activity in Third Quarter

October 31, 2025
Abby Zimmardi
The mortgage-banking division of Rithm Capital originated $1.0 billion of non-qualified mortgages in the third quarter, up 42.9% from the previous quarter.
Read More
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