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Jumbo Market Share Shrinks in 4Q

February 21, 2024
James Dohnert
The jumbo market’s share of first-lien production narrowed in the fourth quarter of last year.
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Redwood Posts Profit to Close Out 2023

February 21, 2024
James Dohnert
Redwood Trust reported a $21 million profit in the fourth quarter that was attributed to the company’s push to boost its liquidity for 2024.
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MBA Asks VA to Align Property Requirements With GSEs

February 21, 2024
Monica Hogan
The MBA was part of a trade group coalition that called on the VA to align minimum property requirements with standards already established by the GSEs.
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Short Takes: dv01, Fitch Team for New Non-Agency RMBS Benchmarks / Premier Lending Adopts FICO Score 10 T / LoanCare Launches App / Habitat for Humanity’s CDFI Gets a Name Change

February 21, 2024
James Dohnert
The new partnership's benchmarks focus on the non-QM and prime-jumbo markets.
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Fitch Maintains Top Ranking for ABS and RMBS Ratings in 4Q

February 20, 2024
John Bancroft
Fitch maintained its top ranking in rating both ABS and non-agency MBS deals issued in 2023.
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Congress Seeks to Increase Transparency in CDFI Fund

February 20, 2024
James Dohnert
New legislation would establish an ombudsman’s office to assist financial institutions navigating the CDFI application process.
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Short Takes: Ardley Launches Automatic Underwriting Product / SEC Report Cites Rating Agency Problems / Franklin Templeton Predicts Four Rate Cuts in 2024 / Home Price Appreciation May Have Peaked

February 20, 2024
James Dohnert
A new SEC report says research analysts "inadvertently" sent email with confidential pending rating action information to people outside the rating agency.
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House Republican Slams VA’s Loss-Mit Plan

February 16, 2024
Monica Hogan
“You’re not doing this program without my permission,” said Rep. Derrick Van Orden, R-WI.
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Agency Share of MI Activity Increases in Fourth Quarter

February 16, 2024
John Bancroft
New originations of loans with primary mortgage coverage fell off in the fourth quarter, with private mortgage insurers getting squeezed the most.
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Maxex Offers New Outlet for Agency-Eligible Loans

February 16, 2024
James Dohnert
Lenders can sell agency-eligible mortgages for investment properties and second homes on Maxex's platform.
Read More
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Latest Imf News

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Featured Data

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