FHA Working to Help on Housing Affordability October 27, 2023 Monica Hogan Priorities at FHA include facilitating loan assumptions and originations of small-balance mortgages.Read More
Short Takes: Rate Forecast Revised / Key Bank Offering Manufactured Home Financing / New Jumbo MBS / House Panel Looking at Insurance Costs October 27, 2023 Brandon Ivey "Higher for longer" is beginning to sink in.Read More
Annaly Takes Large Loss in 3Q on Agency MBS October 26, 2023 Brandon Ivey After generating a $161.2 million profit in the second quarter, Annaly took a $569.1 million loss in the third quarter.Read More
Buyback Relief From FHFA Might Not Amount to Much October 26, 2023 Dennis Hollier Fannie Mae was still providing COVID relief to $61.98 billion in loans at the end of the third quarter.Read More
Rithm Stays Profitable in Third Quarter October 26, 2023 James Dohnert Rithm Capital posts a profit in the third quarter as it prepares for the acquisition of Specialized Loan Servicing early next year.Read More
Originations and Margins Increase at Flagstar October 26, 2023 Brandon Ivey Originations increased by 12% at Flagstar in the third quarter.Read More
Short Takes: VantageScore Finds New Mortgage Borrowers / Increase in Home Sales Could Be a Blip / Applicants Seeking Lower Loan Amounts / Expanded-Credit MBS From Annaly October 26, 2023 Brandon Ivey VantgeScore suggests that many consumers characterized as "dormant" are actually infrequent users of credit.Read More
ABS Issuance Continues Growth Track in 3Q23 October 25, 2023 John Bancroft Vehicle and consumer loan sectors help drive ABS issuance in third quarter of 2023.Read More
High Interest Rates Limiting Demand for MBS October 25, 2023 Brandon Ivey Banks don't have much appetite for agency MBS and whole loan bids can be stronger than execution via non-agency MBS.Read More
GSE Shareholders Get Another Win October 25, 2023 Dennis Hollier A federal district court adds interest to the damages a jury awarded Fannie Mae shareholders in August.Read More