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Warehouse Lenders Looking for Lower Interest Rates

January 31, 2024
Paul Muolo and Brandon Ivey
One chief concern: Warehouse borrowing covenants have been breached.
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Short Takes: Applications Decline / Chase Expands SPCP Benefits / Luxury Home Price Appreciation Accelerates / New Expanded-Credit MBS

January 31, 2024
Brandon Ivey
Demand for purchase mortgages declined last week even as interest rates stayed level.
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Mortgage-Related Complaints to CFPB Decline Slightly

January 30, 2024
Andras Malatinszky
Mortgage borrowers filed only 2.4% fewer complaints last year than in 2022.
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Mixed Trends in Originations by Homebuilders

January 30, 2024
Brandon Ivey
Pulte boosted its originations in the fourth quarter while production was down at NVR.
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Mortgage Companies Advised to Run Phishing Drills

January 30, 2024
James Dohnert
“If you look at some of the big names, the common thread is always a phishing email that someone clicked on,” said Freddy Feliz, chief information officer and vice president of information technology at the Mortgage Bankers Association.
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Short Takes: loanDepot Waives Late Fees / Slow, Steady HPA / Profit for Dynex in 4Q / MI Benefits Workgroup

January 30, 2024
Brandon Ivey
loanDepot won't assess late fees for its servicing customers for January payments until after the end of the month.
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Expectations High for Freddie's (Performing) Loan Repurchase Pilot

January 29, 2024
Brandon Ivey
The industry is hopeful the repurchase-loan pilot will be expanded quickly...
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Originations Slump in Fourth Quarter

January 26, 2024
John Bancroft
Originations in 2023 were at the lowest level seen since 2014.
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Margins, Originations Decline at Western Alliance

January 26, 2024
Brandon Ivey
Western Alliance’s gain-on-sale margin declined from 38 basis points in the third quarter to 30 bps in the fourth quarter.
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Congress Pushed to Improve National Flood Insurance Program

January 26, 2024
Monica Hogan
“We are really having a working class, middle-class insurance affordability problem around the country,” said Michael Hecht, CEO of Greater New Orleans Inc.
Read More
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Latest Imf News

  • Agency MBS Issuance Soars in April, Prior to Lending Disruption

  • Refi Retention Rate Declines in First Quarter

  • Rate Locks Decline in April, Even for Purchase Mortgages

  • Income Up Sharply at Figure in First Quarter

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Featured Data

  • Mixed Trends for Largest Ginnie Servicers in 1Q

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  • Mixed Trends for Mortgage Originations in 1Q

  • Mortgage Complaints Filed With the CFPB Surge in 1Q

More Featured Data

Featured Reports

  • Top Mortgage Players: 4Q25 (PDF)

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  • Mortgage Servicing Rights Report: 4Q25 (PDF)

More Latest Reports

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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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