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Short Takes: New Investors? / A Jumbo MBS With a Twist / Reinstating HUD Workers? / How Much of a Rate Cut? / A Rocket Retirement

September 15, 2025
Brandon Ivey, Shannon Clark, and Paul Muolo
The Fed rate cut? The odds presently focus on a 25-basis-point trim on the short end of the stick.
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Retail Takes Back Some Market Share in Second Quarter

September 12, 2025
Brandon Ivey
The retail channel accounted for 51.3% of first-lien originations in the second quarter of 2025.
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Lutnick Offers Some Details on Planned GSE IPO

September 12, 2025
Dennis Hollier
The Commerce secretary says a year-end offering of GSE stock is still possible.
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Rate-Cut Anticipation Helping Boost Agency MBS Demand

September 12, 2025
Brandon Ivey
"The backdrop for investors owning agency mortgages feels a lot more supportive," said Jay Bacow, co-head of securitized products research at Morgan Stanley.
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CMG HELOCs Heading Into Securitization From PR Mortgage Investment

September 12, 2025
Brandon Ivey
PRMI is a portfolio manager founded in 2019 with ties to Merchants Bank of Indiana.
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Short Takes: Interest Rates Drop / Figure’s Stock Rises First Day of Trading / Annaly Brings Another Large Expanded-Credit MBS

September 12, 2025
Brandon Ivey
The average interest rate on a 30-year fixed-rate mortgage declined by 15 basis points in the past week.
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Bayview’s Planned Acquisition of Guild Fast Tracked by FTC

September 11, 2025
Brandon Ivey
The Federal Trade Commission ended the waiting period early for Bayview Asset Management's planned acquisition of Guild Mortgage.
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Jumbo Servicing Rising After Dip in 2024

September 11, 2025
Shannon Clark
The group of servicers handled $1.51 trillion of jumbos at the end of June, up 0.7% from the end of March.
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FSOC Shifts Focus to Promote Economic Growth

September 11, 2025
Brandon Ivey
Treasury Secretary Scott Bessent said FSOC is focused on economic growth because “regulators too often overlook the threat economic stagnation poses to financial stability.”
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Figure Goes Public With Upsized IPO

September 11, 2025
Brandon Ivey
Initially looking to raise around $500.0 million, Figure's IPO ultimately raised $787.5 million.
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Latest Imf News

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