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Retail Channel Gains Share in Agency Market in 3Q

November 14, 2023
Andras Malatinszky
The retail channel boosted its share of agency MBS business by 112 basis points to 48.9% in the third quarter.
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Earnings, Outlook Get Worse for Better

November 14, 2023
Paul Muolo
Better lost $340 million in the third quarter and projects a decline in originations for the fourth quarter.
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Housing Groups Urge Congress to Avoid Government Shutdown

November 14, 2023
Monica Hogan
The MBA and other trade groups are urging Senate and House leadership to make sure funding and authorization for the National Flood Insurance Program doesn’t lapse on Nov. 17.
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Chopra Raises Concerns About Appraisal Management Companies

November 14, 2023
Sam Manas
CFPB Director Rohit Chopra focused on the interplay between appraisal management companies and how much appraisers are paid.
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Short Takes: Inventory Recovering / First-Time Homebuyer Share Increases / A&D Goes Bigger With Latest MBS / Republican Senators Call for Withdrawal of Capital Requirement Proposal

November 14, 2023
Brandon Ivey
The inventory of homes for sale was stronger than anticipated in October.
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Private Mortgage Insurers Lose Ground to FHA/VA Market in 3Q

November 10, 2023
John Bancroft
Private mortgage insurers' share of primary mortgage insurance activity has dropped to its lowest level since early 2021.
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MSR Sales Expected to Increase; Plenty of Buyers

November 10, 2023
Brandon Ivey
Lenders hurting for cash are expected to sell off MSRs and there are numerous buyers for the product.
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Rocket Ramping Up Closed-End Second Securitization

November 10, 2023
James Dohnert
Rocket’s latest MBS of closed-end second-lien loans is anticipated to be sized at $371 million.
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Fed Unlikely to Acquiesce to Industry’s MBS Proposals

November 10, 2023
Dennis Hollier
Federal Reserve Chair Jerome Powell said the Federal Open Market Committee will maintain a “brisk pace” of qualitative tightening.
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Short Takes: Better Launches Mortgage-As-a-Service Platform / Redfin Says Now’s the Time to Buy / CoreLogic Debuts AR Appraisal Tool / Associated Bank Changes Consumer Lending Strategy

November 10, 2023
James Dohnert

Better and Infosys team on a mortgage-as-a-service product that they say will bring "unprecedented speed" to mortgage originations...


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Latest Imf News

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Featured Data

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Featured 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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