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Short Takes: Forbearance Steady / ICE Facilitates Reconsiderations of Value / New Loan Limits for Manufactured Housing / Figure’s Lender Breaks From Figure’s Tech Company

March 19, 2024
Brandon Ivey
Some 0.22% of mortgage borrowers were in forbearance as of the end of February.
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Freddie Mac Taps President as Interim CEO

March 18, 2024
Dennis Hollier
If Hutchins becomes the "permanent" CEO of Freddie, the change, ironically, would result in a pay cut...
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Short Takes: M&A for loanDepot? / 1,000+ Contractors / Recap and Release, Take 2? / New Branches / Better.com Readies Results

March 18, 2024
Paul Muolo
New hope for a "recap and release" for the GSEs?
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Banks Add to Whole-Loan Holdings in Fourth Quarter

March 15, 2024
John Bancroft
Banks, thrifts and credit unions ended the year with $3.551 trillion of unsecuritized home loans on their books, a gain of 0.8% from the third quarter.
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Guild Pays $13.4 Million for Academy Plus Earn-Out

March 15, 2024
Brandon Ivey
Guild held off on disclosing the purchase price for Academy Mortgage until filing its annual report.
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MBS Prices Soften on Fed’s Higher-for-Longer Stance

March 15, 2024
Paul Muolo
With rates rising, MBS prices are once again skidding, causing traders to rethink their plans for the immediate future.
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Losses at Blend Narrow in Fourth Quarter

March 15, 2024
Brandon Ivey
Blend took a loss of $179.9 million for the full year 2023 after a loss of $763.8 million the previous year.
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Short Takes: NAR Settles Commission Litigation / Servicing Stats / Hearing to Look at Homebuyers / Housing Improving

March 15, 2024
John Bancroft and Brandon Ivey
NAR's settlement essentially eliminates the requirement for home sellers to pay a fee to the homebuyer's real estate agent.
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Bank Retail Lending Declines in Fourth Quarter

March 14, 2024
Namrata Bhatia
Retail mortgage originations by banks and thrifts declined by 16.6% in the fourth quarter.
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Non-Agency MBS Issuers Bring Larger Deals

March 14, 2024
Brandon Ivey
Invictus has an MBS with non-agency mortgages for investment properties, Figure is marketing a HELOC securitization and Rocket is offering a closed-end second deal.
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Latest Imf News

  • Interest Rates on Mortgages Still Rising

  • GSEs Extend Deadline for Adoption of Uniform Appraisal Dataset Revision

  • Banks Reduce Holdings of Residential MBS in Trading Accounts

  • Insurance Affiliate to Buy Majority Stake in Invictus

More Imf News

Featured Data

  • Ginnie MBS Issuance Down in August as Refi Slide Continues

  • Banks Resume Adding to Mortgage Holdings in Second Quarter

  • Banks Continue to Add to Their ABS Portfolios

  • Jumbo Share of Originations Highest Since 2022

More Featured Data

Featured Reports

  • IMF Mortgage Directory: Full interactive database

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Agency Seller-Issuer Profile: 2Q26 (PDF)

  • Mortgage Profitability Report 2Q26 (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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