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Short Takes: CFPB Warns of Underinsurance for Flood Risk / FHA Adjusts on In-Home Rental Income / Home Price Appreciation Picks Up / Homebuilder Sees Stronger Demand

January 14, 2025
Brandon Ivey
The CFPB suggested that First Street Foundation does a better job of identifying flood risk than the Federal Emergency Management Agency.
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California Wildfire Damage Estimates Rise to Over $250 Billion

January 13, 2025
James Dohnert
KBRA said 24 of its rated RMBS transactions have more than 5% exposure to properties located in the counties affected by the LA fires.
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Short Takes: Lower Asking Prices in Hot Markets? / To Quote Corleone / MSRs for Sale / CA Regs and BPLs / Xome Chief to Retire

January 13, 2025
Paul Muolo
Phoenix Capital is auctioning off a $661 million portfolio of conventional mortgage servicing rights.
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Agency MBS Issuance Rises in 4Q, Refis Trail Off by Yearend

January 10, 2025
John Bancroft
Deliveries of rate-term refinances into agency MBS declined by almost 40% on a monthly basis in December.
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California Property Insurance Coverage Seen as Sufficient

January 10, 2025
Brandon Ivey
Property insurance costs are expected to increase due to the LA-area fires.
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PennyMac Inks Large MSR Financing Deal With Citi

January 10, 2025
Paul Muolo
The maximum principal balance of the transaction, known as Series 2024-VF2, is $1 billion and the aggregate committed amount is $500 million.
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Calabria Suggests Legislative Actions to Reform GSEs

January 10, 2025
Dennis Hollier
If Congress takes up GSE reform, Mark Calabria, who served as director of the Federal Housing Finance Agency during the first Trump administration, has some suggestions.
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Short Takes: Turner’s Confirmation Hearing / FHA Revises Partial Claim Payoff Proposal / Real Estate Investors Eye Tariffs, Immigration / STACR Issuance From Freddie

January 10, 2025
Brandon Ivey
The nomination hearing for Scott Turner to lead HUD is scheduled for Jan. 16.
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Ally to Exit Mortgage Origination Business, Again

January 9, 2025
Brandon Ivey
While the bank was a big player in the mortgage market before the financial crisis of 2008, its mortgage business has been limited more recently.
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State Regulators Fine Bayview for Cybersecurity Issues

January 9, 2025
Shannon Clark
The company allegedly failed to fully cooperate with state regulators following a data breach.
Read More
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Latest Imf News

  • GSEs Increase Issuance of Specified Pools in Second Quarter

  • Garg Out as Better’s CEO; Another Loss for Nonbank in 2Q

  • FHFA Faces Some Pushback on Duty-to-Serve Proposal

  • Angel Oak REIT Returns to Profitability in Second Quarter

More Imf News

Featured Data

  • Expanded-Credit MBS Issuance Declines in 2Q

  • Top Ginnie Servicers See Modest Growth in 2Q

  • Consumer Debt Drives New ABS to Record High in 2Q

  • Primary MI Volume, Characteristics Stable in Second Quarter

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 1Q26 (PDF)

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability Report 1Q26 (PDF)

  • Top Mortgage Players: 1Q26 (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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