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MBA: Rate Cuts Still on the Table Following Strong Jobs Numbers

July 5, 2024
Brandon Ivey
Mike Fratantoni, a senior vice president and chief economist at the Mortgage Bankers Association, stressed that headline figures from the June jobs report don't tell the whole story on employment trends.
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CFPB Fair Lending Efforts Focus on Pricing, HMDA

July 5, 2024
Shannon Clark
The CFPB completed 28 fair lending examinations or reviews on banks and nonbanks last year.
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Short Takes: Pending Home Sales Decline / PennyMac Adds MSR Financing / New Expanded-Credit MBS / Translations of FHA Servicing Documents

July 5, 2024
Brandon Ivey
Pending home sales in June declined on an annual basis at a rate not seen in four months.
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FHB Appoints New Warehouse Chief as Garrett Retires

July 2, 2024
Paul Muolo
Under Garrett's tenure, First Horizon has funded more than $1 trillion in mortgage loans.
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SCOTUS Overturns Chevron Doctrine, Putting CFPB Power in the Crosshairs

July 1, 2024
Shannon Clark
Attorney Marty Green said the Supreme Court decision restores equilibrium by no longer requiring courts to place undue weight on a federal agency’s interpretation of laws...
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Large Nonbank Lenders Gain Market Share in First Quarter

June 28, 2024
Brandon Ivey
PennyMac Financial was the only top-five lender to post a decline in originations in the first quarter.
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Ginnie Proposes New Pool Type to Help HECM Lenders

June 28, 2024
Monica Hogan
The proposal aims to address issues similar to those that led to the failure of Reverse Mortgage Funding.
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MSR Investors Expect ‘Feeding Frenzy’ During Refi Wave

June 28, 2024
Brandon Ivey
Prepayment rates are expected to be higher than in previous refinance cycles because lenders have bumped up spending on technology to improve recapture rates and loan originators are eagerly anticipating increasing their volume.
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Fix-and-Flip Lender Scraps Planned Debt Offering

June 28, 2024
Brandon Ivey
"Current market conditions regarding pricing were excessive and restrictive," according to Sachem Capital.
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Short Takes: Pending Home Sales Decline / Two Rate Cuts This Year? / Fallout From SCOTUS Ruling on SEC / Biden’s Housing Plans

June 28, 2024
Brandon Ivey
Pending home sales declined by 2.1% on a monthly basis in May.
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Latest Imf News

  • Pennymac Top Originator for Non-Agency MBS Issued in 1Q

  • UWM Increases Bid for Two Harbors Again

  • Low Downpayment Borrowers Struggle to Compete

  • Voters Want More Housing Legislation Passed

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Featured Data

  • Mixed Trends for Largest Ginnie Servicers in 1Q

  • Investment-Property Loans Drive Up ECM MBS Issuance

  • Mixed Trends for Mortgage Originations in 1Q

  • Mortgage Complaints Filed With the CFPB Surge in 1Q

More Featured Data

Featured Reports

  • IMF HMDA Dashboard: 2025

  • 2026 Mortgage Market Statistical Annual (PDF)

  • Mortgage Servicing Rights Report: 4Q25 (PDF)

  • Agency Seller-Issuer Profile: 4Q25 (PDF)

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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