Mixed Trends in FHA, VA Lending in First Quarter May 29, 2024 Monica Hogan FHA's share of combined FHA/VA lending declined to 60.8% in the first quarter of 2024.Read More
Goldman to Enter HELOC Securitization Market May 29, 2024 Brandon Ivey Goldman aggregated HELOCs from various lenders for the new securitization.Read More
Appraiser Regulator Considers Dropping College Requirement May 29, 2024 Brandon Ivey The assessment comes amid a shortage of appraisers along with concerns that the existing pool of appraisers isn’t sufficiently diverse.Read More
Destination for UWM’s Zero-Down Loans Unclear May 29, 2024 Paul Muolo To this point, UWM has originated home equity lines of credit but not closed-end seconds.Read More
Short Takes: Applications Deflate / FHA Clarifies Attorney Fee Reimbursement / FirstKey Ramps Up HEL Securitization / Ocwen’s Rebrand Starts in June May 29, 2024 Brandon Ivey Applications in late May hit the lowest level seen since March.Read More
Banks Slow Jumbo Lending in First Quarter May 28, 2024 James Dohnert The jumbo market’s share of first-lien production narrowed to 11.1% in the first quarter from 12.4% in the fourth quarter.Read More
Home Price Appreciation Slows in March May 28, 2024 Brandon Ivey Prices increased by only 0.1% on a monthly basis in March, according to seasonally adjusted numbers from the FHFA.Read More
VA’s Plan on Buyer’s Agent Commissions Includes Rulemaking May 28, 2024 Monica Hogan “We are fully committed to ensuring that veterans are neither disadvantaged nor overcharged in the homebuying process,” said VA Press Secretary Terrence Hayes.Read More
Outlook for Ending GSE Conservatorship Uncertain May 28, 2024 Dennis Hollier The Trump administration made substantial progress toward ending the conservatorship of Fannie Mae and Freddie Mac.Read More
Short Takes: FHFA Looks at Emissions From Houses / HEI Securitization From Unison / Upgrades for HEL Securitizations May 28, 2024 Brandon Ivey A working paper from the FHFA used data from appraisals to estimate energy usage across time.Read More