Property Insurance Costs Pressuring Lenders, Homeowners April 30, 2025 Shannon Clark Property tax and insurance costs now account for more than 20% of a mortgage payment.Read More
Pulte Not Putting Emphasis on Ending GSE Conservatorship April 30, 2025 Brandon Ivey Pulte reiterated that movements in interest rates on mortgages will help to guide GSE reform.Read More
Short Takes: The Fed’s ‘Quandary’ / Weak Demand for Purchase Mortgages / Impairment Rate on Non-QMs Declines / SoFi Increasing Home Lending April 30, 2025 Brandon Ivey The data the Federal Reserve relies on shows a slowing economy but also increased risk of inflation.Read More
Fannie Economists Revise Interest Rate Projection Lower April 29, 2025 Brandon Ivey Fannie's previous forecast was released just prior to changes in tariff policies.Read More
Trump Administration Orders End of Disparate-Impact Analysis April 29, 2025 Shannon Clark The Consumer Financial Protection Bureau has already followed through with the directive.Read More
Short Takes: Home Price Appreciation Slows / More Judicial Scrutiny of CFPB Layoffs / Rate Launches Expanded-Credit Products / FHA Revises Foreclosure Sale Policy / Wells Free From CFPB Consent Order April 29, 2025 Brandon Ivey Home prices increased by 0.1% on a monthly basis in February.Read More
Production in First Quarter of 2025 Above 2024 Level April 25, 2025 Brandon Ivey An estimated $355.0 billion of mortgages were originated in the first quarter of 2025, up 10.9% from the same period a year ago.Read More
Income Plummets at Rithm’s Mortgage Unit in First Quarter April 25, 2025 Brandon Ivey Much of the swing was tied to a decline in the value of mortgage servicing rights.Read More
Losses Pile Up at PlainsCapital Bank’s PrimeLending April 25, 2025 Brandon Ivey PrimeLending took an $8.3 million pre-tax loss in the first quarter of 2025.Read More
Short Takes: Sales of Existing Homes Slow / Profit on Sale of Warehouse Unit / New Type of Securitization From Figure April 25, 2025 Brandon Ivey Sales of existing homes declined in March on a monthly basis and compared with March 2024.Read More