Banks Add to First-Lien Holdings in Third Quarter December 12, 2024 James Dohnert Holdings increased by 1.5% on an annual basis as of the end of September.Read More
Homebuyer Demand Improves Following Election December 12, 2024 Brandon Ivey Potential homebuyers are done hibernating, according to Redfin.Read More
EBO Investor Wins Large Judgment Against Mr. Cooper December 12, 2024 Brandon Ivey An affiliate of Proprietary Capital prevailed in a lawsuit against Mr. Cooper Group.Read More
MFA, Balbec Boost Expanded-Credit MBS Issuance December 12, 2024 Brandon Ivey The pending MBS are the largest seen from the issuers this year.Read More
Short Takes: Waters to Remain Ranking Member of HFSC / Chopra Defends CFPB Actions / MCT to Pilot Use of FICO 10 T / HEL Tool From ICE December 12, 2024 Brandon Ivey The California Democrat vows to fight to maintain consumer protections.Read More
Home Equity Loan Securitization Cools Off in Third Quarter December 11, 2024 Brandon Ivey Issuance increased by 10.9% on a quarterly basis, well below the increases seen in recent quarters.Read More
Trump’s Plans for Tariffs Introduce Uncertainty for Housing December 11, 2024 Brandon Ivey “A trade war would increase costs, including housing construction costs, and potentially affect employment, pressuring demand and mortgage performance,” according to Fitch Ratings.Read More
Applications for Refis Jump in Early December December 11, 2024 Brandon Ivey The average interest rate on a 30-year fixed-rate mortgage declined from 6.81% on Nov. 27 to 6.69% on Dec. 5.Read More
Annaly Plots Further Growth for Non-Agency Conduit December 11, 2024 James Dohnert Onslow Bay plans to increase its correspondent business by offering a non-delegated option next year.Read More
Short Takes: Frustration, Optimism on Trigger Leads / Planet Financial’s Debt Offering Upsized / Negative Outlook for Rocket / Rocket’s CES Securitization Slows December 11, 2024 Brandon Ivey Opposition from Rep. Patrick McHenry, R-NC, stalled legislation this year that would limit trigger leads.Read More