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Warehouse Lending Commitments Increase in 2024

April 2, 2025
Paul Muolo
Mortgage warehouse commitment levels increased 22.0%.
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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.
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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.
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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.
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Rocket Will Continue Mr. Cooper’s Correspondent Business

April 1, 2025
Brandon Ivey
Mr. Cooper was the eighth-largest correspondent aggregator in 2024.
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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.
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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
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Latest Imf News

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