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Some Borrowers Quickly Refi as Interest Rates Decline

December 12, 2023
Brandon Ivey
Interest rates declined by nearly 70 basis points during November, fueling demand for refis.
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Racial Gaps Seen in Home Equity Lending, Cash-Out Refis

December 12, 2023
Sam Manas
Even after controlling for underwriting factors, disparities remained.
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FHLBanks Want to Remain the ‘Lender of Last Resort’

December 12, 2023
Dennis Hollier
Leaders of the FHLBanks and FHFA appear to be at odds on the banks' role in times of distress.
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Short Takes: HPA Expected to Slow / Foreclosures Decline / PrimeLending Growing in Texas / Cenlar Aims to ‘Fortify’ its Compliance

December 12, 2023
Brandon Ivey
Experts surveyed by Fannie project that home price appreciation in 2024 will come in at a rate of less than half of the appreciation accumulated this year.
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Conforming-Jumbo Business Increases in Third Quarter

December 8, 2023
John Bancroft
Fannie Mae and Freddie Mac saw a combined 11.7% increase in securitization of high-balance loans that exceeded the national baseline limit of $726,200 for one-unit mortgages during the third quarter.
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Thompson: Expanding FHLBank Membership Up to Congress

December 8, 2023
Brandon Ivey
FHFA Director Sandra Thompson will leave any decision on expanding membership in the Federal Home Loan Bank system up to Congress.
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Lenders Still Hoping for Help on Mortgage Spread

December 8, 2023
Paul Muolo
While interest rates have declined in recent weeks, concerns persist about the wide spread between the 10-year Treasury rate and interest rates on mortgages.
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Dual Securitizations With Figure HELOCs on Offer

December 8, 2023
James Dohnert
Previous deals involving Figure have performed well, according to DBRS.
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Short Takes: Jobs and Interest Rates / CFPB Servicing Rule Coming / Incenter Expands Advisory Services / Securitization of Proprietary Reverse Mortgages

December 8, 2023
Brandon Ivey
Despite a relatively strong jobs report, the MBA still anticipates that the Fed will begin to cut rates in the spring.
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USMI Leader Calls for Coordination on Housing Policy

December 7, 2023
Monica Hogan
Policymakers need better coordination between FHA and GSE policies, according to Seth Appleton, president of U.S. Mortgage Insurers.
Read More
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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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