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Correction: Termination of Open Mortgage’s FHA DE Approval Only Applies to Limited Geography

June 12, 2024
Brandon Ivey
The termination only applies to activity in the Des Moines, IA, HUD field office.
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Housing Market Policy Could Swing With Elections

June 12, 2024
Monica Hogan
Panelists spoke Tuesday at an event hosted by the Bipartisan Policy Center.
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New Non-Agency MBS From Rocket Breaks Mold

June 12, 2024
Brandon Ivey
It’s the first non-agency MBS with a significant amount of electronic promissory notes, according to Moody’s Investors Service.
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Short Takes: CFPB Change Could Boost Originations / Refi Applications Jump / Figure Launches Marketplace / Inflation Flat in May

June 12, 2024
Brandon Ivey
If the CFPB's proposed ban on medical debt on credit reports is established, the agency estimates that it could lead to approximately 22,000 additional home loans per year.
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Agency MBS Issuance Increases in May

June 11, 2024
John Bancroft
The growth came largely from purchase-mortgage lending.
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Open Mortgage Loses FHA Direct Endorsement Approval in HUD IA Field Office

June 11, 2024
Brandon Ivey
According to an analysis by Inside Mortgage Finance of data from the Home Mortgage Disclosure Act, Open Mortgage originated $480.9 million of mortgages in 2023, with FHA loans accounting for 38.6% of that volume.
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Bankruptcy Rare as Lenders Quietly Close

June 11, 2024
Paul Muolo
Many lenders are ceasing operations without filing for bankruptcy.
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Tech Investments Boost RTL Lender Dunmor

June 11, 2024
James Dohnert
Newfi said it chose Dunmor as a partner because of its technological expertise in the RTL space.
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Short Takes: VA Adjusts on Commissions / Locks for Refis Jump / UWM Fueling Annaly’s ECM MBS / Broker Groups Form Alliance / Great Ajax Shifts Focus

June 11, 2024
Brandon Ivey
VA stressed that borrowers should still negotiate their buyer-broker fee and that homebuyers can still ask sellers to pay the fees at closing.
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Sen. Warren Urges FHFA to Enforce Housing Obligations Upon the FHLBs

June 10, 2024
Dennis Hollier
The senator says the FHLBs, which will receive $7.3 billion in federal subsidies this year, paid a whopping $3.4 billion in dividends to members...
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Latest Imf News

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Featured Data

  • Ginnie MBS Issuance Down in August as Refi Slide Continues

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  • Jumbo Share of Originations Highest Since 2022

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

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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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