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Income, Lock Activity Declines at Redwood in 3Q

October 31, 2024
James Dohnert
The REIT is off slightly from its pace in the second quarter. However, executives are optimistic that rising product demand and bank partnerships should continue to spur growth.
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Short Takes: Pending Home Sales Increase / NerdWallet Acquires Mortgage Broker / ICE Takes Losses on Mortgage Tech Offerings / Monthly Payments Allowed Soon for NFIP

October 31, 2024
Brandon Ivey
A decline in interest rates and more housing inventory helped to increase pending home sales in September.
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Single-Family Business Drives Up Freddie’s Income in 3Q

October 30, 2024
Brandon Ivey
The average estimated guarantee fee on Freddie’s new single-family business in the third quarter was 57 basis points, up 3 bps from the second quarter.
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FICO and VantageScore Squabble at MBA Annual

October 30, 2024
Dennis Hollier
As the timeline shrinks for the implementation of the new credit scores for GSE borrowers, anxiety grows among lenders and even FICO and VantageScore.
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Rithm Still Pondering Spinoff of Mortgage Unit

October 30, 2024
Brandon Ivey
“Candidly, we have to figure out a way to get our equity price to trade where it should trade,” said Michael Nierenberg, chairman, CEO and president of Rithm Capital.
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Provident Sending GSE-Eligible Mortgages Into Non-Agency MBS

October 30, 2024
Brandon Ivey
Nearly all of the loans in Provident’s MBS are for primary residences.
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Short Takes: Split Trends in Applications / Tough to Predict / MBA’s Prediction / Deephaven MBS Shelf Revived / Ares Preps MBS

October 30, 2024
Brandon Ivey
Applications for refis declined while demand for purchase mortgages ticked up last week.
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FHFA Expands Freddie Repurchase Pilot; Makes Moves on Appraisals

October 29, 2024
Dennis Hollier
FHFA Deputy Director Naa Awaa Tagoe announced several policy changes impacting the GSEs.
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HUD Leader Calls for Bold Action on Homeownership

October 29, 2024
Monica Hogan
HUD Secretary Adrianne Todman rallied lenders at the Mortgage Bankers Association's annual convention.
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MBA, Dimon Claim Victory on Bank Capital Requirements

October 29, 2024
Brandon Ivey
“My view is nothing will be done because it’s going to be too hard to get it done,” Jamie Dimon, chair and CEO of JPMorgan Chase, said of the potential for a re-proposal of capital requirements for large banks.
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Latest Imf News

  • Ginnie Gains More Servicing Share During First Quarter

  • Fed’s Warsh Unlikely to Drive Down Interest Rates on Mortgages

  • CFPB Rescinds 2020 Opinion on Special Purpose Credit Programs

  • New Investors Entering Market for Non-Agency MBS

More Imf News

Featured Data

  • Ginnie Issuance Down in May as Refis Slump

  • Jumbo Servicing Volume Bumps Higher in 1Q

  • Non-Agency Jumbo Lending Drops in First Quarter

  • REITs Boost MBS Holdings, AGNC Rises to Top Investor

More Featured Data

Featured Reports

  • GSE Repurchase Activity: Cumulative Through Fourth Quarter 2025 (PDF Format)

  • Agency Channel Analysis: 1Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • IMF HMDA Dashboard: 2025

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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