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Short Takes: Drivers of Rising Interest Rates / Fannie Selling NPLs / Home Values Up Across the Country

October 6, 2023
Brandon Ivey
Various factors are to blame for rising interest rates on mortgages...
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Bank Holdings of Mortgages for Sale Increase

October 5, 2023
Brandon Ivey
Banks and thrifts held $44.06 billion of mortgages for sale as of the end of June, up 8.1% from the end of March.
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Freddie Working to Connect Borrowers With Downpayment Assistance

October 5, 2023
Monica Hogan
“There’s no point in leaving money on the table that’s been allocated,” said Pamela Perry, a vice president of single-family equitable housing at Freddie Mac.
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Movement Mortgage Jumps Ahead With Newer FICO Model

October 5, 2023
Brandon Ivey
While FICO 10 T won't be used for GSE mortgages for some time, Movement will use the scoring model for non-agency mortgages.
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California Dominates Lending by Nonbanks

October 5, 2023
Brandon Ivey
The amount of mortgages nonbanks originated in California in 2022 was more than double the volume in the second-ranked state.
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Short Takes: Rate Locks Decline / MBA’s PAC Grows / Das Lands at Pagaya / Another Large MBS From Invictus

October 5, 2023
Brandon Ivey
Rate locks were down across mortgage products in September, including a large drop in cash-out refis.
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Supreme Court Justices Express Some Sympathy for CFPB

October 4, 2023
Brandon Ivey
Justices appointed by Republican presidents were among those who expressed some skepticism about arguments offered by the Community Financial Services Association of America.
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Banks Regain Some Market Share in Second Quarter

October 4, 2023
John Bancroft
Among the top 100 lenders, banks accounted for 30.9% of originations in the second quarter, up from a 29.9% share in the first quarter.
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Reconsideration of Value: Mandatory or Optional?

October 4, 2023
Brandon Ivey
A coalition of consumer groups, including the National Consumer Law Center, recommend that lenders adopt a reconsideration of value process “as close to mandatory as possible outside a formal rule.”
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Banks Add to MBS in Trading Accounts

October 4, 2023
John Bancroft
Chase increased the agency MBS in its trading accounts by $11.20 billion during the second quarter, boosting its total to $86.52 billion.
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Latest Imf News

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  • Credit Reporting Industry Supports Tri-Merge

  • GSE-Eligible Loans Flowing Into Non-Agency MBS

More Imf News

Featured Data

  • Rocket/Mr. Cooper Top UWM With GSE Deliveries

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  • RMBS Issuance Ends Banner Year With Modest Decline

More Featured Data

Featured Reports

  • Top Mortgage Players: 3Q25 (PDF)

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  • Mortgage Profitability Report 3Q25 (PDF)

More Latest Reports

Featured Poll

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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