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Short Takes: Impairments on Non-QMs Up Again / New CRT From Freddie / Redwood Back Quickly With Jumbo MBS / Promotions at Northpointe Bank

February 2, 2024
Brandon Ivey
The impairment rate on securitized non-QMs increased by more than 100 basis points between August and December.
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FHA Share of MI Coverage Increases in 2023

February 1, 2024
Namrata Bhatia
FHA’s share of the primary mortgage insurance purchase business grew from 25.7% in 2022 to 32.1%.
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UWM Looks to Start Its Own Refi Wave

February 1, 2024
Brandon Ivey
United Wholesale Mortgage is offering a 100-basis-point pricing incentive for conventional rate/term refis.
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MBA Expects Rate Cut From Fed in May

February 1, 2024
Brandon Ivey
A close reading of the Federal Open Market Committee’s statement Wednesday suggests that the Fed’s next move will likely be a cut, according to the MBA.
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Lenders Expect Manageable Changes on Home Sale Structure

February 1, 2024
Brandon Ivey
The commission structure for real estate agents is poised for a shakeup in the wake of the legal issue facing the National Association of Realtors.
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Short Takes: Large Package of MSRs on Offer / Home Equity Declines / Homeowners Still Locked In / Tepid Home Tour Activity

February 1, 2024
Brandon Ivey
Incenter is marketing a sale of GSE MSRs with a total unpaid principal balance of $15.06 billion.
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Large GSE Servicers Gain Share in Fourth Quarter

January 31, 2024
Dennis Hollier
The GSE servicing share among large independent mortgage banks went from 36.6% at the end of September 2023 to 36.9% at year-end.
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FHFA Directs GSEs to Explore Alignment on Reps, Warrants

January 31, 2024
Dennis Hollier
This year's scorecard includes more focus on the multifamily businesses of Fannie Mae and Freddie Mac.
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Mortgage Margins Plummet at NYCB in Fourth Quarter

January 31, 2024
Brandon Ivey
The bank's gain-on-sale margin fell from 59 basis points in the third quarter of 2023 to 32 bps in the fourth quarter.
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Warehouse Lenders Looking for Lower Interest Rates

January 31, 2024
Paul Muolo and Brandon Ivey
One chief concern: Warehouse borrowing covenants have been breached.
Read More
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Latest Imf News

  • Servicing Share for Rocket, Chase Down in Second Quarter

  • Income Declines at Rocket After Slow Spring Homebuying Season

  • MBS Investors Call for Changes With GSEs’ Credit Score Framework

  • Weak Jobs Report Could Delay Rate Hike by Fed

More Imf News

Featured Data

  • Largest Servicers Lose Ground in Second Quarter

  • MSR Transfers Increase in 2Q, UWM’s Sales Spike

  • Reset Activity Drives 2Q26 Boost in CLO/CDO Issuance

  • Originations Increase in 2Q Amid Headwinds From Rates

More Featured Data

Featured Reports

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (PDF)

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability Report 1Q26 (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?

View Results
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