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Home » Topics » News » IMFnews

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Government-Insured Lending Rises During 3Q

November 22, 2024
Brandon Ivey
Government lending increased by 14.5% while the rest of the market rose just 4.3%.
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Rithm Releases $400+ Million MSR Securitization

November 22, 2024
Paul Muolo
The initial offering size was $378 million, but Rithm said the deal was increased due to "demand for the securitization's unique structure and underlying asset portfolio."
Read More

GSEs, FHLBanks Partner to Boost Housing in Tribal Lands

November 22, 2024
Dennis Hollier
Two new partnerships were announced this month that will help assist with housing access on tribal lands.
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Short Takes: Existing Home Sales Rise / Bilt Launches New Program / HomeLight Partners With Orchard / Correction

November 22, 2024
Shannon Clark
Although existing home sales rose in October, the housing market is on track for its worst year in over a decade, according to Molly Boesel, principal economist at CoreLogic.
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Basel III, Other Rulemakings Paused Until Next Administration

November 21, 2024
Shannon Clark
The agency heads at the FDIC, OCC and Federal Reserve said they don't foresee any major rulemakings moving forward before the next administration takes over.
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Correspondents Grow Agency Market Share in 3Q24

November 21, 2024
Andras Malatinszky
Correspondents gained 294 basis points of share in the third quarter, taking from both retail and brokers.
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Fed Examiners Find Multiple RESPA Escrow Account Violations

November 21, 2024
Shannon Clark
Bank noncompliance with RESPA remained a top issue for the Fed in 2023.
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GSEs See Slight Uptick in CRT Issuance, Investor Demand Holds Strong

November 21, 2024
Dennis Hollier
Fannie issuance had a healthy sequential boost but year-over-year decline, while Freddie experienced the opposite.
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Short Takes: Rate Names New Reverse Leadership / Delinquencies Continue to Rise / Housing Competition Slows / Mortgage Lender Adopts AI Tool

November 21, 2024
Shannon Clark
Rate named two new reverse-mortgage veterans to lead its reverse division.
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HUD Reviewing Potential for FHA Pricing Adjustments

November 20, 2024
Monica Hogan
FHA Commissioner Julia Gordon suggested any cut in the mortgage insurance premium would likely wait for the next administration.
Read More
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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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