Income Plummets at Annaly in Second Quarter July 24, 2025 Brandon Ivey The bulk of the real estate investment trust’s assets are in agency MBS.Read More
Fannie Economists Slash Home Price Projections for 2025 July 24, 2025 Brandon Ivey Home price appreciation has been cooling amid elevated interest rates and declining demand for home purchases.Read More
GSE MBS Investors Face Major Adjustments With VantageScore July 24, 2025 Dennis Hollier Credit scores are a key input in predicting prepayment speeds, which in turn affect valuations and hedge strategies.Read More
Short Takes: Habib Appointed to Fannie’s Board / No Apologies / Rise Economy Sues CFPB on Section 1071 / Home Sales Decline July 24, 2025 Brandon Ivey Barry Habib, the founder and CEO of MBS Highway, was appointed to the board of Fannie Mae.Read More
Non-Agency MBS Issuance Continues Rising in Second Quarter July 23, 2025 Namrata Bhatia Issuance through the first half of 2025 was up by nearly 40% compared with the first half of 2024.Read More
Pre-Tax Income Declines at PennyMac in Second Quarter July 23, 2025 Brandon Ivey The nonbank originated $37.88 billion of loans in the second quarter, up 31.0% from the first quarter.Read More
Mr. Cooper’s Servicing Portfolio Declining Somewhat July 23, 2025 Brandon Ivey The nonbank’s subservicing volume is down 5.1% from the end of 2024.Read More
Republicans in House Break With Trump on HUD Budget July 23, 2025 Emmeline Willey Among other differences, Congress doesn’t appear to be budgeting for a reduction in force at HUD.Read More
Short Takes: Average Loan Balances Declining / Mr. Cooper Launches MSR Fund / Rithm Forms RTL Partnership / Congress Poised to Address Housing July 23, 2025 Brandon Ivey While home prices are up, the average loan balance on mortgage applications is declining.Read More
Nonbank Share of GSE Servicing Level in 2Q July 22, 2025 Dennis Hollier Nonbanks handled 60.7% of GSE servicing as of the end of June.Read More
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