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Lennar’s Average Sale Price for New Homes Dropping

December 17, 2025
Brandon Ivey
The homebuilder said the decline in its average sale price in the past year was “primarily due to continued weakness in the market and an increased use of sales incentives offered to homebuyers.”
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Short Takes: Dodd, Frank Oppose CFPB Funding Move / Waters Calls for Oversight of GSE Reform / Home Sales Increase in CA / Pennymac Sends More GSE-Eligible Loans to Non-Agency MBS

December 17, 2025
Brandon Ivey
“[The Trump administration’s] position is wrong as a statutory interpretation and is at odds with Congress’ plan in setting up the [CFPB],” according to an amicus brief filed by Democrats.
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MBA Seeks Credit Score Threshold for Tri-Merge at GSEs

December 16, 2025
Brandon Ivey
The MBA said FHFA should allow lenders to use a single credit report when delivering mortgages to the GSEs if the initial report shows that the borrower has a credit score of 700 or higher.
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REITs Add to Agency MBS Holdings in Third Quarter

December 16, 2025
John Bancroft
Holdings of MBS among REITs increased by 8.4% during the third quarter of 2025.
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Fannie Looks to Have Walked Back Net Worth Proposal

December 16, 2025
Dennis Hollier
Fannie recently considered strengthening its net worth requirements for large nonbank issuers.
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Mutual of Omaha to Issue Securitization With Proprietary Reverse Mortgages

December 16, 2025
Brandon Ivey
The lender has been originating non-agency reverse mortgages since 2018, and had been selling the loans to an unidentified third party through April 2025, according to Morningstar DBRS.
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Short Takes: Unemployment Rate Rises / Applications for New Home Purchases Increase / Homebuilders Ramp Up Incentives / Ellington Offers Large Expanded-Credit MBS

December 16, 2025
Brandon Ivey
The unemployment rate increased from 4.4% in September to 4.6% in November.
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Retail Market Share for Nonconforming Originations Drops

December 15, 2025
Abby Zimmardi
Correspondent and broker channels gained market share for nonconforming loan originations in the third quarter, according to a new Inside Nonconforming Markets analysis of proprietary survey data.
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Industry Groups Show Support for Executive Order on AI

December 15, 2025
James Dohnert
The MBA and CHLA have issued statements showing mortgage industry support for a new executive order that would limit state regulation of artificial intelligence.
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Planet Home Leverages the Ginnie PIIT Program

December 15, 2025
Emmeline Willey
Correspondent partner demand has led Planet Home Lending to activate the Ginnie Mae pools issued for immediate transfer program.
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Latest Imf News

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Featured Data

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