Fed Expected to Hold in Near Term as Jobs Market Softens June 6, 2025 Brandon Ivey The Federal Open Market Committee looks unlikely to cut the federal funds rate at its next meeting, in mid-June.Read More
Trump Admin Messaging on GSE Reform Prompts Relief June 6, 2025 Dennis Hollier President Trump vowed to maintain the implicit guarantee and keep the GSEs under his oversight.Read More
Short Takes: Ginnie Offers New Avenue on Buydowns / Democrats Frustrated With Fed’s Removal of Asset Cap on Wells / Large Expanded-Credit MBS From Ares / eHELOC Standard June 6, 2025 Brandon Ivey Beginning June 16, custom single-family pools in the Ginnie II program won’t be subject to the 10% concentration limit on mortgages with buydowns.Read More
CFPB Plans Actions on Some Major Mortgage Rules June 5, 2025 Brandon Ivey The CFPB indicated that it plans to rescind some provisions under the LO comp rule, along with changes to servicing standards.Read More
VA Denial Rate Declines Amid Surge in Applications June 5, 2025 Emmeline Willey Lenders turned down 24.5% of VA refi applications in 2024, compared with 37.3% in the previous year.Read More
Voxtur Seeing Interest Amid Strategic Review June 5, 2025 Brandon Ivey The mortgage tech vendor has been operating with a “going concern” warning for more than a year.Read More
Maxex Broadens Offerings for Expanded-Credit Mortgages June 5, 2025 Abby Zimmardi Changes include a reduction of credit score requirements and an elimination of seasoning requirements for DSCR refinances.Read More
Short Takes: Bowman Confirmed in Fed Role / Pulte’s ‘Interesting’ Meetings / A&D Expands FHA Offerings / New Prime Non-Agency MBS June 5, 2025 Brandon Ivey The confirmation of Michelle Bowman as vice chair for supervision at the Fed could prompt the Fed to begin to make regulatory changes.Read More
Fed Removes Asset Cap on Wells Fargo June 4, 2025 Brandon Ivey The cap and other regulatory issues prompted numerous adjustments at Wells, including a retreat on mortgage lending and servicing.Read More
Jumbo Share of Originations Increases in First Quarter June 4, 2025 Brandon Ivey An estimated $49.0 billion of non-agency jumbos were originated in the first quarter of 2025.Read More
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