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Short Takes: FICO’s Score Revenue Jumps / PennyMac Upsizes Debt Offering / Optimal Blue to Offer AI Tool / Jumbo MBS From Redwood / Better Rewards Program

February 5, 2025
Brandon Ivey
FICO's revenue from mortgage originations increased by 110% in the fourth quarter of 2024 compared with the fourth quarter of 2023.
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Retail Channel Gains Share in Agency MBS in 4Q

February 4, 2025
Andras Malatinszky
Retail lending gained share from the correspondent channel in the fourth quarter.
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Rithm Plans $200 Million Offering for an Acquisition

February 4, 2025
Brandon Ivey
Michael Nierenberg is chairman and CEO of both Rithm Capital and Rithm Acquisition.
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Consumer Complaints Filed With CFPB Double in 2024

February 4, 2025
Shannon Clark
Issues relating to credit reports accounted for 86.6% of all complaints in 2024.
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Banks Expect Demand for Mortgages to Increase in 2025

February 4, 2025
Brandon Ivey
Some 44.8% of survey participants project that demand for mortgages eligible for sale to the government-sponsored enterprises will increase in 2025 compared with 2024. (Most of the others surveyed think demand will remain level and only 3.4% expect demand to weaken.)
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Short Takes: Ishbia Sees Room for Refis / Non-QM Impairments Up Due to Hurricanes / Cardinal Launches Non-QM Offerings / Rate Expands Non-Agency Products

February 4, 2025
Brandon Ivey
Ishbia pointed to borrowers who received mortgages between 2022 and 2024 as prime candidates for refis.
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Treasury's Bessent Named Acting CFPB Director as Chopra Departs

February 3, 2025
Shannon Clark
In his departure letter, Chopra said he knows the CFPB is "ready to work" with President Trump.
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Mortgage Originations Increase by Nearly 15% in 2024

January 31, 2025
Brandon Ivey
The increase in production was driven by interest rates, which were largely lower in 2024 than in 2023.
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PennyMac’s Originations, Profits Increase in 4Q

January 31, 2025
Brandon Ivey
Income jumped by 50% on a quarterly basis at PennyMac Financial Services in the fourth quarter.
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Agency MBS Investors Expect Reduced Volatility in 2025

January 31, 2025
Brandon Ivey
David Finkelstein, CEO and co-chief investment officer of Annaly Capital Management, said the agency MBS market is “healing well” following volatility in 2022 and 2023.
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Latest Imf News

  • Warehouse Lending Commitments Rise in 3Q

  • Judge Orders Trump Administration to Fund CFPB

  • Consumer Advocates Criticize CFPB's ECOA Proposal

  • Fannie Modernizes HomeStyle Mortgage Options

More Imf News

Featured Data

  • Largest Sellers See GSE Deliveries Wane in November

  • Third-Party Lenders Boost Market Share in Third Quarter

  • Bank Mortgage Repurchases Decline in Third Quarter

  • Mortgage REITs Up Agency MBS, Shed Non-Agency

More Featured Data

Featured Reports

  • Agency Seller-Issuer Profile: 3Q25 (PDF)

  • Mortgage Profitability Report 3Q25 (PDF)

  • Lender Profiles 3Q25: Top 25 (PDF subscription)

  • Agency Channel Analysis: 3Q25 (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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