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Trump's DEI Axe Comes Down on GSEs

February 6, 2025
Dennis Hollier
FHFA removed mention of DEI from a key GSE evaluation standard.
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GSE Volume Down in South, Southwest in 2024

February 6, 2025
Dennis Hollier
GSE deliveries declined in just four states on an annual basis in 2024.
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MSR Values Boost Rithm’s Earnings in Fourth Quarter

February 6, 2025
Brandon Ivey
Rithm handled servicing with an unpaid principal balance of $844 billion as of the end of 2024.
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Short Takes: Turner Confirmed as HUD Leader / Non-Delegated Program at PennyMac / Mortgage-Tech Losses Pile Up at ICE / loanDepot Partners With Homebuilder

February 6, 2025
Brandon Ivey
Scott Turner's nomination to lead HUD was approved by the Senate on a 55-44 vote.
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HEL Securitization Cools in Fourth Quarter

February 5, 2025
Brandon Ivey
Issuance involving closed-end second liens held up better than HELOCs and home equity investment activity.
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CFPB Shifts Position in Lawsuit Challenging Data Collection

February 5, 2025
Shannon Clark
Compliance deadlines with the Section 1071 data-collection rule are set to start in July but could be postponed.
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Freedom Plans $500 Million Debt Offering

February 5, 2025
Brandon Ivey
Freedom plans to use proceeds from the offering for “general corporate purposes,” including repaying existing senior secured debt.
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Correspondent Lender Working With Dual-Licensed Real Estate Agents

February 5, 2025
James Dohnert
“Our entire vision is to build the company as an infrastructure provider that allows people to offer a mortgage right at the point of sale,” Realfinity CEO Luca Dahlhausen said.
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Short Takes: FICO’s Score Revenue Jumps / PennyMac Upsizes Debt Offering / Optimal Blue to Offer AI Tool / Jumbo MBS From Redwood / Better Rewards Program

February 5, 2025
Brandon Ivey
FICO's revenue from mortgage originations increased by 110% in the fourth quarter of 2024 compared with the fourth quarter of 2023.
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Retail Channel Gains Share in Agency MBS in 4Q

February 4, 2025
Andras Malatinszky
Retail lending gained share from the correspondent channel in the fourth quarter.
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Latest Imf News

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