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Rocket Faces Appraisal Bias Charge From HUD

July 16, 2024
Monica Hogan
HUD charged Rocket Mortgage and other entities with appraisal bias.
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CFPB Could Face Difficulties Following SCOTUS Change on Chevron

July 16, 2024
Shannon Clark
The Supreme Court's ruling striking down Chevron deference could prompt legal challenges to the CFPB's rules and alter the CFPB's rulemaking going forward.
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Short Takes: Chase Doubles Up With Prime Non-Agency MBS / Tweak in Fannie’s Latest CRT / Smaller Expanded-Credit Deal From Verus / Home Price Appreciation Slowing

July 16, 2024
Brandon Ivey
Two entities at JPMorgan Chase started marketing separate prime non-agency mortgage-backed securities Monday.
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Residential MBS Issuance Increases in Second Quarter

July 15, 2024
John Bancroft
Issuance of residential mortgage-backed securities increased by 25.1% from the first to the second quarter of 2024, hitting $304.37 billion.
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FHFA Plots New Proposals on GSEs, FHLBanks

July 15, 2024
Dennis Hollier
As soon as July, FHFA plans to issue a proposed rule that would establish standards for the GSEs related to returns on capital for new single-family mortgage acquisitions.
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Flagstar Official Anticipates Growing Originations

July 15, 2024
James Dohnert
New construction and non-qualified mortgage products are performing well despite limited inventory impacting purchase originations.
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Short Takes: Another CES Securitization From Rocket / HUD Plans Changes to Loan Sale Program / FHFA Sets Protections for Renters / Outlook for Cornerstone Servicer Rating Turns Positive

July 15, 2024
Brandon Ivey
With the new securitization, Rocket's non-agency issuance of closed-end second liens will hit $2.19 billion for the year.
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Appeals Court Revives CFPB’s Lawsuit Against Townstone

July 12, 2024
Shannon Clark
The case is still pending a final decision, after an appeals court overturned a district court's dismissal of the lawsuit.
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Agency Business Increases in Second Quarter

July 12, 2024
John Bancroft
Fannie Mae, Freddie Mac and Ginnie Mae issued a combined $272.04 billion of single-family mortgage-backed securities in the second quarter.
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Originations Jump at Chase, Wells in Second Quarter

July 12, 2024
Brandon Ivey
Both banks increased mortgage production by more than 50% on a quarterly basis in the second quarter.
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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

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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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