Warehouse Lending Commitments Increase in 2024 April 2, 2025 Paul Muolo Mortgage warehouse commitment levels increased 22.0%.Read More
Court Issues Preliminary Injunction to Reinstate Some Federal Employees April 2, 2025 Shannon Clark Terminated federal probationary employees will soon be offered their jobs back if they live or work in Washington, DC or one of the 19 states that sued the Trump administration.Read More
GSEs Sell Off RPLs, NPLs April 2, 2025 Brandon Ivey Reperforming loans sold by Fannie had an unpaid principal balance of $558.7 million.Read More
Former Freddie CEO Layton Skeptical of GSE Capital Raise April 2, 2025 Dennis Hollier Don Layton noted that administrative reform of the GSEs will inherently retain most of the structures and obligations in the GSE charters.Read More
Short Takes: Negative Outlook for Housing Market / FHA Waives EPD Reviews in CA Wildfire Area / Carrington’s Correspondent Lending All-In on Non-QMs April 2, 2025 Brandon Ivey “Tariffs and labor concerns contribute to our forecasts for flat to declining housing starts and completions in 2025 relative to 2024,” Fitch said.Read More
Servicing Boosts Mortgage Earnings in Fourth Quarter April 1, 2025 John Bancroft The turnaround in servicing profitability was driven by markups in the value of mortgage servicing rights net of hedging efforts.Read More
Rocket Will Continue Mr. Cooper’s Correspondent Business April 1, 2025 Brandon Ivey Mr. Cooper was the eighth-largest correspondent aggregator in 2024.Read More
Some CFPB Employees Leaving Bureau Amid Uncertainty April 1, 2025 Shannon Clark After Rohit Chopra was forced out, the CFPB saw two new leaders in less than one week.Read More
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