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GSE Purchases of Credit Insurance Down in 2Q

August 26, 2025
Dennis Hollier
Freddie Mac credit insurance increases raised the numbers for both GSEs in the second quarter.
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Chase Relaunches HELOC Program

August 26, 2025
James Dohnert
Chase has brought back its HELOC program after stopping new applications in 2020.
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Knock Issues Inaugural Securitization

August 26, 2025
James Dohnert
Knock has issued a $100 million bond backed exclusively by bridge loan products.
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Short Takes: Logan Finance Adds Dobynes / MBA Shares Recommendations for BNPL Debt / Planet Grows / DQs Declining

August 26, 2025
James Dohnert
The national delinquency rate improved for the second month in a row.
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Purchase Mortgages Outpace Refis in Second Quarter

August 22, 2025
Brandon Ivey
Purchase-mortgage originations increased by 41.2% from the first quarter while refi business was up 34.1%.
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Rocket Upsizes Securitization of Closed-End Seconds

August 22, 2025
Brandon Ivey
The deal size increased by nearly 30% compared with Rocket's initial plans.
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Some Anxiety in Secondary Market on Potential GSE Reform

August 22, 2025
Dennis Hollier
Libby Cantrill, a managing director and head of public policy at PIMCO, warned that the administration’s concept is beset with problems.
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Homebuilder Hovnanian Sees Margins Shrink With Buydowns

August 22, 2025
Brandon Ivey
Some 75% of Hovnanian homebuyers who received a mortgage from the company used a buydown during the fiscal third quarter this year.
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Short Takes: Senators Prep NFIP Reform Proposal / Existing Home Sales Increase Slightly / Non-Agency MBS Benefit From Moody’s Change

August 22, 2025
Brandon Ivey
Sens. Bill Cassidy, R-LA, and Cory Booker, D-NJ, are seeking feedback on potential reforms to the National Flood Insurance Program.
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GSE Securitization Down in July as Refi Deliveries Slow

August 21, 2025
Dennis Hollier
Refi deliveries declined by 22.4% from June.
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