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Annaly Increases Pace of Expanded-Credit MBS Issuance

September 20, 2024
Brandon Ivey
It’s the 14th expanded-credit MBS from Annaly this year, amounting to $7.57 billion in volume.
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Short Takes: Trigger Lead Bill Bundled / Ready for a Refi (When Rates Go Lower) / Sales of Existing Homes Slow / First-Time Homebuyer Share Declines

September 20, 2024
Brandon Ivey
A bill to ban trigger lead activities was included in a defense appropriations package in the Senate.
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Some Volatility Expected After Fed’s 50-BP Rate Cut

September 19, 2024
Brandon Ivey
Mortgage market participants are adjusting following the rate cut by the Federal Reserve.
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Bank Settles With HUD, DOJ on Redlining Investigation

September 19, 2024
Shannon Clark
The New Jersey-based bank was alleged to have restricted mortgage lending services and credit access to certain neighborhoods from 2018 through at least 2022.
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Gordon Seeks More Counseling for HECM Borrowers

September 19, 2024
Monica Hogan
FHA Commissioner Julia Gordon spoke Tuesday at an online housing counseling conference hosted by the Department of Housing and Urban Development’s Office of Housing Counseling.
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Banks Reduce Investments in ABS in Second Quarter

September 19, 2024
John Bancroft
All the top bank ABS investors reported reductions in their portfolios during the second quarter.
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Short Takes: Affordability Still an Issue / Housing Starts Increase / Some Variation in Early Loan-Limit Moves / Home Price Appreciation Slows

September 19, 2024
Brandon Ivey
“The real issue with housing is that we have had — and are on track to continue to have — not enough housing,” said Fed Chair Jerome Powell.
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Outlook for Purchase Mortgages Subdued Even With Rate Cut

September 18, 2024
Brandon Ivey
Originations of purchase mortgages are forecast to increase by 15% on an annual basis in 2025.
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HUD Partners With Zillow to Promote Housing Counseling

September 18, 2024
Monica Hogan
HUD's Office of Housing Counseling is partnering with Zillow to display HUD’s “Let’s Make Home the Goal” on Zillow's digital platforms.
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A&D, Atlas Team for Joint Venture Fund

September 18, 2024
James Dohnert
A&D Mortgage has partnered with Atlas Merchant Capital to fund more expanded-credit MBS transactions.
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Latest Imf News

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Featured Data

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Featured Reports

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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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