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Short Takes: Projecting Impact of Hurricane Milton / Pending Home Sales Tick Up / Discount on Non-Agency Refis / Distillery Acquires Mortgage Tech Provider

October 10, 2024
Brandon Ivey
Damage costs from Hurricane Milton could affect insurance underwriting margins and earnings.
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GSE Business Increases in Third Quarter

October 9, 2024
Dennis Hollier
Five of the top 10 GSE sellers increased their volume by at least 20.0% in the third quarter.
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Loan Limit Head Start Could Come With Complications

October 9, 2024
Brandon Ivey
Loans made with balances above the 2025 loan limits won’t be eligible for delivery to the GSEs’ standard programs.
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Rare Non-Agency MBS With Loans for Manufactured Homes

October 9, 2024
Brandon Ivey
Loans in the MBS were originated by Southwest Stage Funding via its Cascade Financial Services unit.
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Slow Runoff for Fed’s Agency MBS Holdings

October 9, 2024
Dennis Hollier
Since the Fed started its current asset reduction period in 2022, it has allowed an average of about $18 billion a month of agency MBS to run off.
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Short Takes: Application Trends Split / Arvest Bank’s Servicer Rating Downgraded / HEL Securitizations / MBS From Angel Oak

October 9, 2024
Brandon Ivey
Demand for refis declined last week while applications for purchase mortgages held steady.
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Residential Mortgages Lift Issuance of MBS & ABS

October 8, 2024
John Bancroft
Residential MBS production was up 11.9% from the second quarter, hitting $341.43 billion, a two-year high.
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Trade Groups, NCLC Support FCC Proposal on Spoof Calls/Texts

October 8, 2024
Brandon Ivey
In early September, the FCC released a draft report and order that would establish new safeguards against spoof calls and texts.
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CFPB Working on Regulatory Relief for Refis

October 8, 2024
Shannon Clark
The CFPB is looking into whether it’s necessary to recertify a borrower’s ability to repay a rate-term refi as the borrower will be receiving a lower interest rate and mortgage payment and has already proven through a standard mortgage their ability to pay their loan.
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Smaller Lenders Raise Concerns About FHLBank Proposals

October 8, 2024
Dennis Hollier
Credit unions and small community banks opposed the idea of incentive membership programs at the Federal Home Loan Banks.
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Latest Imf News

  • Correspondents Increase Share of Nonconforming Production

  • Two Harbors to Move Forward With Merger Vote

  • Succession Plan for FHA Commissioner Unclear

  • Refi Opportunities Available Despite Rate Uncertainty

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?

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