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Mortgage Company Sells Off Distillery, Completing Transformation

July 29, 2025
Brandon Ivey
The distillery was the last tie to the legacy business of Eastside Distilling, a publicly-traded company that acquired a mortgage lender in 2024.
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Short Takes: Home Prices Slip in May / Rithm Pulls Back on Plans for Newrez Spinoff / Hsieh Named CEO at loanDepot / Outlook Shifts for Acra

July 29, 2025
Brandon Ivey
Home prices were down 0.2% on a monthly basis in May, according to FHFA.
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Originations Up 13.3% in First Half of 2025

July 25, 2025
Brandon Ivey
The spring homebuying season and some refinance activity helped to boost production thus far this year.
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House Republicans Look to Drop CFPB Director From FDIC Board Role

July 25, 2025
Shannon Clark
The bill would shift the CFPB director from a voting member of the FDIC's board to a non-voting observer.
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Margins Improve at PrimeLending in Second Quarter

July 25, 2025
Brandon Ivey
The lender had pre-tax income of $3.2 million in the second quarter of 2025, including a pre-tax benefit of $9.5 million associated with legal settlements.
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Rocket to Issue ABS With Consumer Loans, a First

July 25, 2025
Brandon Ivey
Rocket started offering consumer loans through its RockLoans platform in 2016, in partnership with Cross River Bank.
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Short Takes: Homebuilders Reducing Sale Prices / TransUnion Boosts Mortgage Revenue / Homebuilder Sells MSRs / Roc360 Raises $150 Million for Investment Fund

July 25, 2025
Brandon Ivey
The average price for new homes sold in June declined by 2.0% on a monthly basis.
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Early-Stage Delinquencies in Agency MBS Increase in 2Q

July 24, 2025
Namrata Bhatia
Loans one payment past due increased 19 basis points during the second quarter, after declining during the first quarter.
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Income Plummets at Annaly in Second Quarter

July 24, 2025
Brandon Ivey
The bulk of the real estate investment trust’s assets are in agency MBS.
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Fannie Economists Slash Home Price Projections for 2025

July 24, 2025
Brandon Ivey
Home price appreciation has been cooling amid elevated interest rates and declining demand for home purchases.
Read More
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Latest Imf News

  • Servicing Portfolios Decline at Rocket, Chase in 3Q

  • Onity Adjusting MSR Acquisition Strategy, Subservicing

  • Ending GSE Conservatorship by 2028 Looks Unlikely

  • Consumer Advocates Seek Stronger Regulation of HEIs

More Imf News

Featured Data

  • Top Ginnie Servicers Increase Portfolios in Third Quarter

  • Major Lenders Pull Back on ECM MBS in 3Q

  • Resets Drive CLO/CDO Issuance Higher in 3Q

  • Originations Tumble 16% in Third Quarter

More Featured Data

Featured Reports

  • Mortgage Profitability Report 2Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Lender Profiles 2Q26: Top 25 (PDF)

More Latest Reports

Featured Poll

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

View Results
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