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Short Takes: Application Trends / Lumber Costs and Buydowns / Discounted Rates at KeyBank / PennyMac’s Debt Issuance / REIT Merger Finalized

December 6, 2023
Brandon Ivey and Paul Muolo
Refi applications are up on an annual basis while purchase-mortgage demand lags.
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Expanded-Credit Sector Loses Market Share in Third Quarter

December 5, 2023
James Dohnert
The ECM sector’s share of total originations declined to 2.3% in the third quarter.
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Mixed Outcome in Dispute Between Black Knight, PennyMac

December 5, 2023
Brandon Ivey
An arbitrator issued an interim award of $155.2 million for Black Knight.
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FHA to Improve Monitoring of Lenders, Servicers

December 5, 2023
Monica Hogan
An inspector general identified counterparty risk related to protecting FHA’s Mutual Mortgage Insurance Fund as one of HUD’s top management challenges for 2024.
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Little Use of Title Insurance Alternative

December 5, 2023
Brandon Ivey
In 2022, Fannie Mae reported that it purchased just 45 of loans with attorney opinion letters.
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Short Takes: Steady Margins / Older Millennials Struggle / Standardization for HFA Forms / Large Donation From MacKenzie Scott

December 5, 2023
Brandon Ivey
PennyMac's margins in the fourth quarter are at levels similar to those seen in the third quarter.
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Trends in Purchase-Mortgage Sector Vary in 3Q

December 1, 2023
John Bancroft
United Wholesale Mortgage ranked as the top producer of purchase mortgages in the first nine months of 2023 with $73.17 billion.
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MBA Seeks Clarity From VA on Servicing Advances

December 1, 2023
Monica Hogan
The Mortgage Bankers Association is asking VA to release a detailed plan for how servicers will be reimbursed if they participate in VA’s call for a six-month pause on foreclosures for struggling veteran borrowers.
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Chopra Indicates CFPB Can't Help Much on Trigger Leads

December 1, 2023
Sam Manas
Asked about whether the Consumer Financial Protection Bureau could take further regulatory actions on trigger leads, Director Rohit Chopra indicated its authority over them was "somewhat limited."
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Signs of Stability in Commercial MBS Market

December 1, 2023
Dennis Hollier
Players in the commercial MBS market now have a better understanding about which assets are performing and which aren’t, according to Lisa Pendergast, executive director of the Commercial Real Estate Finance Council.
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Latest Imf News

  • Jumbo Mortgages Gaining Share in Originations

  • Annaly Brings Exceptionally Large Expanded-Credit MBS

  • Non-Agency MBS Investors Showing Insatiable Demand

  • Lennar Reducing Incentives for Home Purchases

More Imf News

Featured Data

  • Agency MBS Issuance Down in May as Refinance Falters

  • Correspondent Share Slips in First Quarter of 2026

  • FHA Refis Sole Bright Spot in First-Quarter Originations

  • Banks’ Mortgage Holdings Inch Down in First Quarter

More Featured Data

Featured Reports

  • Agency Channel Analysis: 1Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • IMF HMDA Dashboard: 2025

  • 2026 Mortgage Market Statistical Annual (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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