Mortgage-Banking Income at Banks Level in Fourth Quarter May 12, 2025 John Bancroft Servicing income helped cover for a decline in production income.Read More
Trump Admin Shifts McKernan Away From CFPB Director May 12, 2025 Shannon Clark McKernan was nominated for CFPB director in February, and it was expected that he would be confirmed as soon as this month.Read More
Mortgage Market Waiting for Details on GSE Reform May 12, 2025 Dennis Hollier There are more questions than answers on how the Trump administration will end the conservatorships of the GSEs.Read More
Redwood Selling Older Jumbos From Banks in MBS May 12, 2025 Brandon Ivey The bulk of the loans in the MBS are from Associated Bank.Read More
Short Takes: Non-Agency Delinquencies Decline / CES Securitization From Rocket / Deed Theft Prosecution May 12, 2025 Brandon Ivey Delinquencies on loans in non-agency mortgage-backed securities declined on a monthly basis in April.Read More
Private Mortgage Insurance Activity Declines in 1Q May 9, 2025 Brandon Ivey Private MI volume in GSE MBS issuance in the first quarter of 2025 was down 20.4% from the previous quarter.Read More
Negative MSR Mark Prompts Loss at Rocket in First Quarter May 9, 2025 Brandon Ivey Rocket had a negative $449.2 million change in the fair value of MSRs during the first quarter.Read More
MBS Investors Seek Further Buydown Limitations From Ginnie May 9, 2025 Emmeline Willey Ginnie MBS investors continue to have concerns about mortgages with permanent buydowns.Read More
Questions Linger Following End of VA Loan Mod Program May 9, 2025 Emmeline Willey Guidance provided by VA in late April regarding the end of VASP lacked details on how to address timely applications that needed corrections after the deadline.Read More
Short Takes: Ellington Investing in Non-QM Lenders / Blend to Sell Title Insurance Unit / More Expanded-Credit MBS / Debt Offering From Two Harbors May 9, 2025 Brandon Ivey Ellington Financial is making investments in lenders that originate non-QMs.Read More
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