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Short Takes: Rithm Markets Non-QM MBS / Fannie Mae Hires COO / CrossCountry Launches CashPlus / Interest Rates Projected to Fall Below 6% This Year

February 23, 2024
James Dohnert
Fannie's new operations head comes from Morgan Stanley...
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Average Credit Score for FHA Loans Up in 2023

February 22, 2024
Monica Hogan
The increase was driven by higher scores on purchase mortgages.
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FHA Finalizes ‘Payment Supplement’ Partial Claim Program

February 22, 2024
Monica Hogan
Servicers can begin offering the new option May 1, but must make it available by Jan. 1, 2025.
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Former Sprout Mortgage CEO Accused of Money Laundering

February 22, 2024
Paul Muolo
Michael Strauss is accused of funneling roughly $27 million out of the company before its demise in the summer of 2023.
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Fix-and-Flip Industry Expects an Increase in Originations in 2024

February 22, 2024
James Dohnert
Fix-and-Flip lender Kiavi says it has already seen a boost in its pipeline in the first six weeks of the year.
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Short Takes: Morgan Stanley Preps Non-QM MBS / New Reverse Chief for Fairway / NYCB Rebrands / New Mortgage Servicing Software

February 22, 2024
James Dohnert
NYCB takes on the Flagstar name across both brands.
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Jumbo Market Share Shrinks in 4Q

February 21, 2024
James Dohnert
The jumbo market’s share of first-lien production narrowed in the fourth quarter of last year.
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Redwood Posts Profit to Close Out 2023

February 21, 2024
James Dohnert
Redwood Trust reported a $21 million profit in the fourth quarter that was attributed to the company’s push to boost its liquidity for 2024.
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MBA Asks VA to Align Property Requirements With GSEs

February 21, 2024
Monica Hogan
The MBA was part of a trade group coalition that called on the VA to align minimum property requirements with standards already established by the GSEs.
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Short Takes: dv01, Fitch Team for New Non-Agency RMBS Benchmarks / Premier Lending Adopts FICO Score 10 T / LoanCare Launches App / Habitat for Humanity’s CDFI Gets a Name Change

February 21, 2024
James Dohnert
The new partnership's benchmarks focus on the non-QM and prime-jumbo markets.
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Latest Imf News

  • Refi Lending Spikes in 4Q, Purchase Mortgages Slow

  • Delinquencies Climb During Fourth Quarter, Led by FHA

  • GSEs Getting Aggressive With Cash Window Pricing

  • Onity’s Earnings Helped by Release of Tax Valuation Allowance

More Imf News

Featured Data

  • FHA Delinquencies Rise to Pandemic Levels

  • Expanded-Credit MBS Issuance Slows in 4Q

  • New Nonbank Servicing Giant Emerges in Fourth Quarter

  • January Ushers In New Year With Modest Gain in MBS

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 3Q25 (PDF)

  • IMF Mortgage Directory: Full interactive database

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • IMF HMDA Dashboard: 2024

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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