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Short Takes: Affordability Tipping Point / Foreclosures Decline / Spanish Option From CrossCountry / 10,000 Applications in Spanish

September 12, 2024
Brandon Ivey
Buying a home is “roughly affordable again at the national level,” according to Zillow.
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Dan Gilbert Plans to Sell Some of Large Stake in Rocket

September 11, 2024
Brandon Ivey
Currently, Dan Gilbert, Rocket’s chairman, owns about 93% of the company’s stock.
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Production Income Picks Up Some Slack in Second Quarter

September 11, 2024
John Bancroft
Income from mortgage production increased in the second quarter as servicing income declined.
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Texas Judge Frustrated With Challenge to CFPB Rule

September 11, 2024
Shannon Clark
There's a back-and-forth happening between courts on where a challenge to a final rule from the CFPB on credit cards should be heard.
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Opportunities for Lenders Amid Confusion on NAR Settlement

September 11, 2024
James Dohnert
Given confusion around the commission structure for home sales, it’s important for loan officers to advise real estate agents and become a source of knowledge for homebuyers, according to Jonathon Haddad, CEO of the Association of Independent Mortgage Experts.
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Short Takes: Mortgage Applications Increase Slightly / Home Prices Inch Down / Inflation Figure Down Again / Rocket Plans Rebrand

September 11, 2024
Brandon Ivey
Applications for both purchase mortgages and refinances were up modestly last week.
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Basel III Re-Proposal to Include Concessions to Mortgage Industry

September 10, 2024
Dennis Hollier
The Federal Reserve responds to industry criticism by back-pedalling on some of the more aggressive capital requirements in the proposal.
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Freddie Appoints Diana Reid as CEO

September 10, 2024
Dennis Hollier
The selection of Diana Reid means Freddie Mac, Fannie Mae and FHFA are now all run by female executives.
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Trade Groups, Consumer Advocates Voice Concern Over CFPB Proposal on Language Access

September 10, 2024
Shannon Clark
A new requirement to extend language access for home borrowers within the CFPB's proposal to update Regulation X's mortgage servicing requirements will actually do the opposite, according to a joint comment letter submitted on the proposal.
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REITs Increase Holdings of MBS in Second Quarter

September 10, 2024
John Bancroft
REITs increased their holdings of agency MBS during the second quarter while reducing investments in non-agency MBS and credit-risk transfer securities.
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Latest Imf News

  • Non-Agency Share of MBS Outstanding Up in First Quarter

  • FHA Clarifies Mod Requirements, Loosens Lending Regulations

  • FHFA Proposes Revamping Duty-to-Serve Rule

  • Two Harbors Again Extends Shareholder Vote for CCM Acquisition

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

  • 2026 Mortgage Market Statistical Annual (PDF)

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

  • Agency Channel Analysis: 1Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

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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