Short Takes: Angel AI Announces Credit Repair Tool / HGI Credit Platform Reaches Milestone / Xactus Hires CFO / Mortgage Apps Up June 26, 2024 James Dohnert The AI chatbot tool is available now in various languages…Read More
Brokers Gain Nonconforming Market Share in 1Q June 25, 2024 Brandon Ivey A big boost in UWM's originations led to an increase in the broker share of the nonconforming market in the first quarter of 2024.Read More
Housing Prices at All-Time High Heading Into Summer June 25, 2024 James Dohnert The National Home Price Index gained 6.3% in April on an annual basis.Read More
FHA Has No Plans to Cancel Life-of-Loan Insurance Policy This Year June 25, 2024 Monica Hogan The FHA plans to continue to assess its life-of-loan mortgage insurance premium but will consider making changes to the policy in the future.Read More
HEL Lenders Innovate for Secondary Market June 25, 2024 James Dohnert Changes in underwriting standards for non-QM loans are a slippery slope, according to investors.Read More
Short Takes: Annaly to Issue Non-QM MBS / Stream Innovations Preps Home Improvement Loans ABS / MISMO Gets New Board Members / New CFO at Change Lending June 25, 2024 James Dohnert Only one originator contributed enough loans to the Annaly MBS to be named...Read More
Home Equity Lending Declines in First Quarter June 21, 2024 Brandon Ivey Many of the top depository institutions reduced their production in the first quarter.Read More
Regulators Set New Standards for the Use of AVMs June 21, 2024 Shannon Clark The rule has been in the works for 14 years.Read More
Rising Delinquencies Not Yet a Concern for Non-QM MBS June 21, 2024 James Dohnert Harris Trifon, a partner and portfolio manager at Lord Abbett, an investment management company, said non-QM delinquencies are not “raising alarm bells” for him.Read More
Fannie Economists Revise Rate-Cut Expectations June 21, 2024 Brandon Ivey Fannie economists now only expect one rate cut by the Fed this year, possibly in December.Read More
RSS