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Mixed News for Mortgage Lenders on Fed, Interest Rates

June 13, 2024
Brandon Ivey
The Fed’s actions Wednesday didn’t change the MBA’s forecast for mortgage rates.
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Purchase Mortgages Push Up Ginnie MBS Issuance

June 13, 2024
Monica Hogan
Lenders delivered $27.21 billion of purchase loans into Ginnie MBS in May, up 7.5% from the prior month.
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Bank Holdings of First Liens Stagnant in First Quarter

June 13, 2024
James Dohnert
Banks and thrifts held $2.52 trillion of first liens in portfolio as of the end of March.
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Banks Achieve Ratings Lift on CRT Transactions

June 13, 2024
Brandon Ivey
Banks are structuring CRT deals to include stronger mitigants to counterparty risk, which can help to boost the rating for the deal above the rating on the bank itself.
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Short Takes: Weak Demand for Spring Homebuying / Pull-Through Rates Down / Interest Rates for Non-QMs

June 13, 2024
Brandon Ivey
Redfin’s homebuyer demand index declined by 2% on a monthly basis in early June.
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Some Uncertainty on Warehouse Financing for Nonbanks

June 12, 2024
Paul Muolo
The big question, according to some of JPMorgan's warehouse competitors, is how many of Flagstar's customers will stay with the megabank.
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Correction: Termination of Open Mortgage’s FHA DE Approval Only Applies to Limited Geography

June 12, 2024
Brandon Ivey
The termination only applies to activity in the Des Moines, IA, HUD field office.
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Housing Market Policy Could Swing With Elections

June 12, 2024
Monica Hogan
Panelists spoke Tuesday at an event hosted by the Bipartisan Policy Center.
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New Non-Agency MBS From Rocket Breaks Mold

June 12, 2024
Brandon Ivey
It’s the first non-agency MBS with a significant amount of electronic promissory notes, according to Moody’s Investors Service.
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Short Takes: CFPB Change Could Boost Originations / Refi Applications Jump / Figure Launches Marketplace / Inflation Flat in May

June 12, 2024
Brandon Ivey
If the CFPB's proposed ban on medical debt on credit reports is established, the agency estimates that it could lead to approximately 22,000 additional home loans per year.
Read More
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Latest Imf News

  • Largest Servicers See Declines in Market Share in 1Q

  • Income Spikes at Rocket in 1Q, Led by Origination Activity

  • Fitch Places ‘Deteriorating’ Outlook on HEL Securitization Sector

  • Carrington to Boost Subservicing Business With Valon Acquisition

More Imf News

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?

View Results
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