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Concerns Mount on Homeowners Insurance, Climate Change

September 8, 2023
Brandon Ivey
“Millions of Americans [are] paying more for homeowners insurance — often with less protection than before — while others are scrambling to find any insurance at all, because their insurer has refused to renew their policy,” said Sen. Sherrod Brown, D-OH, chair of the Senate Committee on Banking, Housing and Urban Affairs.
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Short Takes: Home Prices Expected to Level Off / FHA Ends Loan Rejection Reporting / HELOC MBS Holding Up

September 8, 2023
Brandon Ivey
Downward pressure on home prices from rates and upward pressure from demand and limited inventory will likely balance each other out.
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Banks Increase Mortgage Income in Second Quarter

September 7, 2023
Namrata Bhatia
Commercial banks and savings institutions generated $2.00 billion in mortgage-banking income in the second quarter, up 8.7% from the prior period.
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Outlook for Housing Market: Not Great

September 7, 2023
Brandon Ivey
"We don’t see much upside to the index in the near future, barring significant improvements to home affordability, which we also don’t expect," said Doug Duncan, a senior vice president and chief economist at Fannie Mae.
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Fannie Okay With Mortgages for 3D-Printed Homes

September 7, 2023
Brandon Ivey
“Lenders should follow the standard eligibility and comparable sale selection requirements for site-built housing,” Fannie said of 3D-printed homes.
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Credit Repair Firms Touting Mortgage Offerings Settle With CFPB

September 7, 2023
Sam Manas
One of Progrexion Marketing’s affiliates falsely advertised that it “guarantee[d] anyone a 0% to 3.5% down home loan no matter how bad their credit is when we start!”
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Short Takes: GSE Conservatorship Hits 15 Years / UWM Expands Credit Report Services / Affordability Constrained

September 7, 2023
Brandon Ivey
Investors in GSE stock are still pushing for Fannie and Freddie to exit conservatorship...
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Some Nuance in GSE Activity State-by-State

September 6, 2023
Dennis Hollier
Rocket Mortgage was the top GSE seller in the direct channels in 23 states in the first six months of 2023. United Wholesale Mortgage was the leader in 12 states.
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Ishbia: FHFA Will Have to Get Involved on GSE Buybacks

September 6, 2023
Brandon Ivey
“FHFA is going to have to step in again, because it’s becoming a big issue,” said Mat Ishbia, president and CEO of United Wholesale Mortgage.
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Mixed Feelings on CFPB Oversight of Data Brokers

September 6, 2023
Sam Manas
Expanding the Fair Credit Reporting Act’s dispute and accuracy requirements to a broadened definition of credit reporting agency could lead some industries to stop reporting or furnishing consumer credit data, according to Dan Smith, newly appointed president and CEO of the Consumer Data Industry Association.
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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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