FHFA directors have typically been technocrats with backgrounds in housing finance or federal regulation.

With Acra and its owner, HPS Investment Partners, New York, slated to be sold to BlackRock later this year, Keith Lind, CEO of Acra, anticipates that insurance companies will be lining up to buy whole loans from the lender.

Early indicators suggest that the 2025 spring homebuying season may look similar to 2024, according to CoreLogic.

Production, largely through the AmeriHome Mortgage correspondent unit, declined by 1.5% from the third quarter.

“It was an ‘AcquiHire’ type scenario,” said Rick Roque, an industry consultant who also holds the title of head of growth at NFM Lending.

Scott Bessent's nomination for secretary of the Treasury Department was approved on a 68-29 vote.

Deliveries to Fannie Mae and Freddie Mac of mortgages with private MI more than quadrupled from the third quarter, hitting $6.58 billion in the fourth quarter.

The administration hasn’t come up with a business plan to replace the current system.

The brunt of insurance burdens tied to natural disasters fall on property insurance providers, though private MIs could see an uptick in delinquencies.

“The totality of indicators in recent months suggests that neither aggregate demand in the economy nor inflation pressures eased by as much as was previously expected,” the economic team wrote.