Short Takes: Mortgage Applications Spike / Fannie Selling RPLs / RTL Securitization From Neuberger Berman / LO Promoted to President of Rate Mortgage March 5, 2025 Brandon Ivey A decline in interest rates helped to increase demand for refis and purchase mortgages last week.Read More
FHLBank Earnings Down Slightly in 2024 March 4, 2025 Dennis Hollier For the seventh quarter in a row, the Des Moines bank was the most profitable.Read More
Angel Oak REIT Takes Loss in Fourth Quarter March 4, 2025 James Dohnert The REIT earned $28.8 million in 2024.Read More
CSBS Planning Refinements to Mortgage Call Report March 4, 2025 Shannon Clark The largest pending change to the MCR is that it will support implementation of prudential standards.Read More
Issuance of Non-Agency MBS Resuming Following Lull March 4, 2025 Brandon Ivey Four deals started marketing Monday, including three expanded-credit MBS.Read More
Short Takes: CRT Issuance From Fannie / Mixed Trends in Non-QM Performance / FICO Mortgage Simulator / Home Improvement Financing March 4, 2025 Brandon Ivey Fannie Mae is set to issue a credit risk transfer deal tied to a pool of mortgages with an unpaid principal balance of $17.0 billion.Read More
Conventional-Conforming Share Declines in 2024 February 28, 2025 Brandon Ivey Government-insured lending and nonconforming mortgages took share from the conventional-conforming market in 2024.Read More
CFPB Backs Out of Lawsuits Involving Rocket, Vanderbilt February 28, 2025 Shannon Clark No explanation for the dismissals was provided in the court filings that announced the moves.Read More
Pulte Sees Value in GSEs’ CRT Programs February 28, 2025 Dennis Hollier “Any time you can take risk away from the taxpayers and give it to the private market is a win,” he said.Read More
Rocket’s Earnings Improve in 4Q, Originations Poised to Increase February 28, 2025 Brandon Ivey The swing in earnings was tied to the value of mortgage servicing rights, among other factors.Read More
RSS