Moves by Fed Prompt Increase in Second-Level MBS March 5, 2025 John Bancroft Most of the fourth-quarter activity came from the Federal Reserve’s efforts to enhance its holdings of Freddie Mac paper.Read More
Little Agreement in Congress on Cause of Affordability Issues March 5, 2025 Brandon Ivey Rep. Mike Flood, R-NE, pointed to regulations (largely at the state/local level) and the cost of materials as the main drivers limiting the supply of homes for sale.Read More
Trump More Likely to Help Than Hurt Non-QM Market? March 5, 2025 Brandon Ivey The first Trump administration didn’t take many actions to boost the non-QM market, so the outlook is murky.Read More
Rate Considering Sale of Title Insurance Unit March 5, 2025 Paul Muolo Rate bought Advocus — then known as Attorneys’ Title Guaranty Fund — in April 2022 for an undisclosed sum.Read More
Short Takes: Mortgage Applications Spike / Fannie Selling RPLs / RTL Securitization From Neuberger Berman / LO Promoted to President of Rate Mortgage March 5, 2025 Brandon Ivey A decline in interest rates helped to increase demand for refis and purchase mortgages last week.Read More
FHLBank Earnings Down Slightly in 2024 March 4, 2025 Dennis Hollier For the seventh quarter in a row, the Des Moines bank was the most profitable.Read More
Angel Oak REIT Takes Loss in Fourth Quarter March 4, 2025 James Dohnert The REIT earned $28.8 million in 2024.Read More
CSBS Planning Refinements to Mortgage Call Report March 4, 2025 Shannon Clark The largest pending change to the MCR is that it will support implementation of prudential standards.Read More
Issuance of Non-Agency MBS Resuming Following Lull March 4, 2025 Brandon Ivey Four deals started marketing Monday, including three expanded-credit MBS.Read More
Short Takes: CRT Issuance From Fannie / Mixed Trends in Non-QM Performance / FICO Mortgage Simulator / Home Improvement Financing March 4, 2025 Brandon Ivey Fannie Mae is set to issue a credit risk transfer deal tied to a pool of mortgages with an unpaid principal balance of $17.0 billion.Read More