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Originations, MSR Marks Up at Rithm in First Quarter

April 30, 2024
Paul Muolo
At the end of March, the REIT valued its MSRs at 165 bps, the highest “mark” since the first quarter of last year...
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FHFA Final Rule Codifies Equitable Housing Finance Plans

April 30, 2024
Dennis Hollier
FHFA turns the equitable housing finance plans of the GSEs and other agency-directed fair housing activities into regulations.
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Short Takes: Home Prices Rebound in February / Private-Equity Infusion for Blend / Profit at Two Harbors / Homeownership Unattainable

April 30, 2024
Brandon Ivey
Home prices jumped in February after a slight decline the previous month.
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Mortgages Helped Bring Down Failed PA Bank

April 29, 2024
Brandon Ivey
At one point, Republic First’s mortgage unit focused on offering jumbo mortgages at below-market interest rates.
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Originations Steady in First Quarter, UWM on Top

April 26, 2024
Brandon Ivey
First-lien mortgage originations remained in a trough in the first quarter of 2024.
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Rising Costs Prompt Large Losses for Lenders in 2023

April 26, 2024
Brandon Ivey
Only 36% of the lenders participating in the MBA’s report turned a profit in 2023, down from a 53% share of participants in 2022.
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Regulators Consider MBS, ABS Issues With Capital Proposal

April 26, 2024
Brandon Ivey
Federal Reserve Governor Michelle Bowman noted issues with how the proposal on capital requirements for large banks would impact the MBS and ABS markets.
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PIMCO Gets Into Second-Lien Securitization Market

April 26, 2024
Brandon Ivey
The $365.4 million deal is stocked with loans originated number a number of firms.
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Short Takes: Slight Increase in Pending Home Sales / Non-QM Performance Improves / Wells Expands Downpayment Grant Offering / Negative Outlook for Community Loan Servicing

April 26, 2024
Brandon Ivey
Elevated interest rates and limited housing inventory led to a tepid increase in pending home sales in March.
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FTC’s Ban on Noncompete Clauses Face Legal Challenges

April 25, 2024
James Dohnert
Workers across industries, including mortgage companies, had sent FTC comments describing how noncompetes compel them to endure jobs with poor working conditions. The MBA and other trade groups oppose the rule.
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Latest Imf News

  • UWM Receives Equity Infusion From Oaktree, Suspends Dividend

  • Onity Swings to Loss in 2Q Amid Portfolio Restructuring

  • Zillow Aiming to Be One of the Largest Purchase-Mortgage Lenders

  • Pending Home Sales Decline in July With Rise in Interest Rates

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

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 1Q26 (PDF)

  • Lender Profiles 1Q26: Top 25 (PDF)

  • Mortgage Profitability Report 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?

View Results
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