Non-Agency MBS Issuance Picks Up Momentum September 6, 2024 James Dohnert MFA Financial, Rithm Capital and Annaly Capital Management all started marketing new non-agency or jumbo MBS deals this week.Read More
MBS Investors Benefitting From Decline in Interest Rate Volatility September 6, 2024 Brandon Ivey Analysts predict that a rate cut later this month could be as high as 50 basis points.Read More
Short Takes: MBA Expects Rate Cut / Homebuyers Waiting for 5% Rates / OCMBC Acquires HomeStar / Home Price Growth Expected to Decelerate September 6, 2024 James Dohnert A cooling job market is good news for the prospect of interest rate cuts.Read More
Locks for Refis Surge in August; Purchase Volume Down September 5, 2024 Brandon Ivey Locks for rate/term refis doubled in August compared with July.Read More
Nonprime Servicing Portfolios Grow Modestly in Second Quarter September 5, 2024 James Dohnert Among a group of 20 prominent nonprime servicers, portfolios increased by 0.6% in the second quarter.Read More
UWM Offers 75-Basis-Point Discount on Refis September 5, 2024 Brandon Ivey The discount applies to most types of refis, through Oct. 31.Read More
CFA Calls for Policy Changes to FHA Program September 5, 2024 Monica Hogan The Consumer Federation of America said buyers using FHA loans often face stigma when buying a home and cannot use many competitive strategies that are common to conventional and cash buyers.Read More
Short Takes: Non-QMs From The Loan Store in MBS / Inventory of Homes for Sale Increases / Freddie Selling NPLs September 5, 2024 Brandon Ivey The Loan Store acquired Homepoint Financial’s wholesale lending operations last year.Read More
Mixed Signals on Demand for Refinances September 4, 2024 Brandon Ivey The Fed's anticipated rate reduction is already baked into mortgage interest rates...Read More
HECM Lending Up Somewhat in Second Quarter September 4, 2024 Monica Hogan HECM production picked up somewhat after a lackluster first quarter.Read More