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Short Takes: Spring Homebuying Fizzles / Million-Plus Missed Refis / Housing Legislation Reintroduced / Reverse Stock Split

June 22, 2023
Brandon Ivey
High interest rates suppressed homebuying activity this spring.
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FHA Loans Drive Up Ginnie Issuance in May

June 21, 2023
Monica Hogan
Ginnie Mae MBS issuance increased by 3.3% on a monthly basis in May.
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loanDepot and Warehouse Financier Part Ways

June 21, 2023
Paul Muolo
The disclosure was made in new filing with the SEC.
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NCUA Head Sees Warning Signs in HELOC Activity

June 21, 2023
Brandon Ivey
"Warning signs are also flashing on the horizon," according to Todd Harper, chair of the National Credit Union Administration.
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DSCR Lenders Turn to Lower-Ratio Loans

June 21, 2023
James Dohnert
Some lenders note that they’re comfortable approving DSCR loans with ratios of less than 1.0 due to expectations that rents will rise.
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Short Takes: MSR Offerings / Support for New ‘Trigger Lead’ Bill / Housing Inventory Hits Record Low / CRT From Freddie

June 21, 2023
Paul Muolo and Brandon Ivey
Plenty of MSRs available for sale.
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Money Managers Add MBS to Portfolios

June 20, 2023
John Bancroft
Money-market funds and other investors helped to fill some of the void in the MBS market as the Fed and banks reduced their holdings in the first quarter.
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Consumer Direct Unit Changes Hands Among Smaller Banks

June 20, 2023
Brandon Ivey
BNC National Bank sold its consumer direct lending unit to First Federal Bank.
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Numerous Regulatory Changes Involving FHA in the Works

June 20, 2023
Monica Hogan
More than a dozen actions are planned in the coming months.
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Change Seeing Success with Non-QM Program

June 20, 2023
James Dohnert
Change recently issued its first expanded-credit MBS to receive a AAA rating.
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Latest Imf News

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Featured Data

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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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