Non-QM Lenders Hiring, Expecting Increase in Lending January 9, 2024 James Dohnert The non-QM market will see outsized growth in 2024, according to industry participants.Read More
GSEs Urged to Align With HUD on Energy Codes January 9, 2024 Dennis Hollier A coalition including Climate Nexus, the American Lung Association, the Sierra Club and the Lincoln Institute of Land Policy weighed in on GSE policy.Read More
Short Takes: First American Restores Services / Credit Availability at Low Levels / Invitation Homes Settles Rent Hike Allegations / Compliance Trainer Acquired January 9, 2024 Brandon Ivey First American got its email system up and running again more than two weeks after a cyberattack.Read More
loanDepot Pulls Systems Offline Amid Cyber Incident January 8, 2024 Brandon Ivey loanDepot's servicing customers faced difficulties making mortgage payments over the weekend...Read More
Agency MBS Issuance Fails to Reach $1.0 Trillion in 2023 January 5, 2024 John Bancroft Agency MBS issuance declined by 41.1% on an annual basis in 2023.Read More
Ginnie Grapples With RMF’s Reverse Mortgage Portfolio January 5, 2024 Paul Muolo It stands to reason that Ginnie would want to sell the HECMs it seized from Reverse Mortgage Funding.Read More
Interest Rate Movements Stall, Potentially for a While January 5, 2024 Brandon Ivey Interest rates on mortgages look likely to hold steady in the near term.Read More
Lenders Urged to Make First-Time Homeownership Sustainable January 5, 2024 Monica Hogan The first five years of homeownership are often the most challenging financially for first-time buyers.Read More
Short Takes: Top Agency MBS Issuer in 2023 / Smaller Banks Concerned About HELOCs / Angelo Gordon Quick With MBS January 5, 2024 Brandon Ivey United Wholesale Mortgage barely edged out PennyMac as the top issuer of agency MBS in 2023.Read More
Delinquencies on Non-QMs Rising at ‘Worrying’ Rate January 4, 2024 Brandon Ivey The increase in impairments in November was the largest increase seen in the sector outside of COVID.Read More