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PIMCO Taps Major Nonbanks for CES Securitization

September 4, 2025
Brandon Ivey
PennyMac Loan Services accounted for 40.8% of the planned $356.1 million issuance, followed by Rocket Mortgage with a 32.8% share and Newrez with a 24.2% share.
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Rithm to Acquire Insurance-Focused Asset Manager

September 4, 2025
Brandon Ivey
Crestline Management is based in Forth Worth, TX, and has $17.0 billion of assets under management.
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FICO, VantageScore Tout Scoring Superiority

September 4, 2025
Dennis Hollier
VantageScore and FICO offer competing research claiming that their respective scores are better.
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Short Takes: Miran Cites Fed Independence / Radian Boosts Warehouse Funding From Chase / Provident Sending More GSE-Eligible Mortgages to Non-Agency MBS / AGNC Raising Capital

September 4, 2025
Brandon Ivey
Stephen Miran, President Trump’s nominee to fill a vacant governor position at the Federal Reserve, said he intends to preserve the Fed’s independence if confirmed for the position.
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FHLBank Profits Slip in 2Q Even With Boost in Advances

September 3, 2025
Dennis Hollier
Only two of the 11 regional banks saw a sequential increase in profits in the second quarter.
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Expanded-Credit MBS Issuers Back in Market After Lull

September 3, 2025
Brandon Ivey
Expanded-credit MBS marketing had paused after Aug. 22.
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CFPB Proposes Reducing Supervision of Nonbanks

September 3, 2025
Shannon Clark
A proposal from the CFPB would limit the bureau's ability to designate nonbanks for supervision.
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Pennsylvania Bank Takes Loss on Sale of MBS Holdings

September 3, 2025
Brandon Ivey
The bank projected that it will take more than four years to recover the $9.3 million loss tied to the sale of the MBS.
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Short Takes: Purchase-Mortgage Demand Cools / Rate Cut a Marketing Opportunity / PennyMac Launches Non-QM Offerings / Number of Homeowner Households Declines

September 3, 2025
Brandon Ivey
Demand for purchase mortgages declined last week even as interest rates on mortgages moved down.
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Trump Considering Declaring National Housing Emergency

September 2, 2025
Brandon Ivey
The national emergency declaration would allow the administration to use extraordinary powers to address high home prices and limited housing supply.
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Latest Imf News

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Featured Data

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Featured Reports

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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