ARM Originations Gain Share in Fourth Quarter March 26, 2025 James Dohnert An estimated $68.00 billion of adjustable-rate mortgages were originated in the fourth quarter.Read More
Short Takes: FHFA Policy Announcements Via X / New Home Sales Increase / New Non-QM Lender March 26, 2025 Brandon Ivey FHFA Director Bill Pulte is posting pictures of printed memos on X to announce FHFA policy changes.Read More
Fluctuations in Correspondent Share of Nonconforming Market March 25, 2025 James Dohnert The correspondent share of nonconforming originations fell to 9.0% in 2024, down from an 11.9% share in 2023.Read More
Young Latinos Pick Up Homebuying Pace March 25, 2025 Emmeline Willey Hispanics are becoming homeowners at a quicker rate than other ethnic or racial groups, and they’re buying at a younger age on average, a trend that looks set to continue.Read More
Fitch Cautious on Ratings for Home Equity Securitizations March 25, 2025 Brandon Ivey Fitch has avoided rating home equity investment securitizations as well as deals stocked with loans underwritten with less-than-full documentation.Read More
Former Freddie CEO Sees Benefits in Ending GSE Conservatorship March 25, 2025 Dennis Hollier David Brickman, the CEO of Freddie Mac from 2019 to 2021, argued that 16 years of conservatorship have increased inefficiencies at the GSEs.Read More
Short Takes: Home Price Appreciation Slows / Expanded-Credit MBS Issuance / BSI Subservicing HELOCs / CoreLogic Now Cotality March 25, 2025 Brandon Ivey Home prices increased by 0.2% on a monthly basis in January, according to FHFA.Read More
Short Takes: MSR Sales, Anyone? / An MSR First / A Due Date for the SWF / The Architects / More Board Shuffles March 24, 2025 Paul Muolo and Dennis Hollier Rithm on Monday closed an $878 million debt sale, this one collateralized solely by MSRs.Read More
FHFA Removes Reid as Freddie’s CEO March 21, 2025 Dennis Hollier Freddie President Michael Hutchins will step in as interim CEO.Read More
Ginnie Loans Push Servicing Volume Up in 2024 March 21, 2025 Brandon Ivey The volume of single-family mortgage servicing tied to Ginnie Mae rose 7.3% on an annual basis to $2.541 trillion as of the end of 2024.Read More