Short Takes: Waiting for Details on GSE Reform / Interest Rate Outlook / Delinquencies Stable, Foreclosures Rise / Sales of Existing Homes Slow May 23, 2025 Brandon Ivey "It's difficult for the market to know what to do with this news," said Michael Bright, CEO of the Structured Finance Association.Read More
Trump Considering Ending GSE Conservatorship May 22, 2025 Dennis Hollier Trump noted that Fannie and Freddie are “doing very well and throwing off a lot of CASH.”Read More
Correspondent Sales of Jumbo Mortgages Surge in 2024 May 22, 2025 Brandon Ivey Correspondent sales of non-agency jumbo mortgages increased by 62.3% on an annual basis in 2024.Read More
House Committee Approves QM Relief for Smaller Banks May 22, 2025 Brandon Ivey The bill would increase the qualified mortgage exemption to apply to banks with up to $50.0 billion in assets.Read More
Short Takes: House Approved Tax Bill / Home Price Depreciation? / AI Hedge Advising / NPL Buyers May 22, 2025 Brandon Ivey Among many other provisions, the tax reforms included in the bill passed by the House would make the mortgage interest deduction permanent.Read More
Fannie’s Title Acceptance Pilot Moving Forward May 21, 2025 Brandon Ivey The pilot survived as the Trump administration ended a number of pilot programs at the GSEs in recent months.Read More
Home Sales Expected to Rise Slowly This Year May 21, 2025 Shannon Clark An extra 4 million homes are needed to bring the housing market back into balance, according to Realtor.com.Read More
CFPB Still Interested in ICBA Effort on Loan Disclosures May 21, 2025 Brandon Ivey ICBA is working on revised disclosures under TILA-RESPA Integrated Disclosure rules for construction loans.Read More
Short Takes: Home Price Appreciation Slows / Limited Demand for Large Home-Improvement Projects / Applications Decline / Angel Oak Ramping Up MBS Issuance May 21, 2025 Brandon Ivey Annual home price appreciation in April 2025 increased at the slowest rate since 2012.Read More
Builder Buydowns (Including the Rate Variety) Distorting Home Values? May 20, 2025 Brandon Ivey As one builder noted, “The great thing that the mortgage rate buydowns do is they protect the integrity of your sales backlog."Read More
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