Brookfield Asset Management to Acquire Majority Stake in Angel Oak April 1, 2025 Brandon Ivey Brookfield has more than $1.0 trillion in assets under management across a variety of sectors.Read More
Short Takes: Rocket’s Corporate Rating Could Be Downgraded / Non-QM Impairments Up Sharply / HUD Streamlines Website / Somewhat Seasoned HELs in New Securitization April 1, 2025 Brandon Ivey Rocket’s long-term issuer default rating could be downgraded due to elevated corporate leverage.Read More
Court Issues Preliminary Injunction to Preserve CFPB March 31, 2025 Shannon Clark The judge said the court is “mindful that its order must be sufficiently specific to be enforceable..."Read More
Home Equity Lending Increases by 10.8% in 2024 March 28, 2025 Brandon Ivey The bulk of home equity lending remains in HELOCs by banks.Read More
Sovereign Wealth Fund Could Maintain Government Guarantee of GSE MBS March 28, 2025 Dennis Hollier An continued implicit guarantee would be welcomed by MBS investors.Read More
Correspondents Regain FHA/VA Market Share in 4Q March 28, 2025 Andras Malatinszky Correspondent production made up 46.1% of the group’s government-insured volume in the fourth quarter.Read More
Business-Purpose Lender Sachem Struggles in 2024 March 28, 2025 Brandon Ivey Sachem's expenses spiked in 2024, including a $26.9 million provision for credit losses on loans held for investment.Read More
Short Takes: Fannie Expects Lower Rates / FHFA Deems Climate Risk a ‘Transverse Risk’ / Pending Home Sales Decline / Affordable Homeownership a Focus for OCC March 28, 2025 Brandon Ivey Fannie Mae projects that the average interest rate for a 30-year fixed-rate mortgage will fall to 6.3% by the end of 2025.Read More
Court Extends Restraining Order on Federal Layoffs March 27, 2025 Shannon Clark The lawsuit covers the Consumer Financial Protection Bureau and the Department of Housing and Urban Development, among other agencies.Read More
CFPB Moves to Return Townstone Settlement March 27, 2025 Shannon Clark The CFPB plans to dismiss its case against Townstone and reverse a settlement the parties reached last year.Read More
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