Tax Legislation in House Caps Mortgage Interest Deduction May 13, 2025 Brandon Ivey The bill would keep the limit on the mortgage interest deduction at $750,000.Read More
Proposal to Consolidate Bank Regulators Faces Opposition May 13, 2025 Shannon Clark State regulators, smaller banks and credit unions all oppose a potential move by the Trump administration to consolidate federal bank regulatory agencies.Read More
Short Takes: CRT From Freddie / FHA Turns to AI / Point Boosts HEI Securitization / PRMG Partners on Credit Card May 13, 2025 Brandon Ivey Freddie Mac is marketing a $529.00 million CRT deal.Read More
Mortgage-Banking Income at Banks Level in Fourth Quarter May 12, 2025 John Bancroft Servicing income helped cover for a decline in production income.Read More
Trump Admin Shifts McKernan Away From CFPB Director May 12, 2025 Shannon Clark McKernan was nominated for CFPB director in February, and it was expected that he would be confirmed as soon as this month.Read More
Mortgage Market Waiting for Details on GSE Reform May 12, 2025 Dennis Hollier There are more questions than answers on how the Trump administration will end the conservatorships of the GSEs.Read More
Redwood Selling Older Jumbos From Banks in MBS May 12, 2025 Brandon Ivey The bulk of the loans in the MBS are from Associated Bank.Read More
Short Takes: Non-Agency Delinquencies Decline / CES Securitization From Rocket / Deed Theft Prosecution May 12, 2025 Brandon Ivey Delinquencies on loans in non-agency mortgage-backed securities declined on a monthly basis in April.Read More
Private Mortgage Insurance Activity Declines in 1Q May 9, 2025 Brandon Ivey Private MI volume in GSE MBS issuance in the first quarter of 2025 was down 20.4% from the previous quarter.Read More
Negative MSR Mark Prompts Loss at Rocket in First Quarter May 9, 2025 Brandon Ivey Rocket had a negative $449.2 million change in the fair value of MSRs during the first quarter.Read More