RE/Tech Firm Launches Crypto-Backed Mortgage February 11, 2025 James Dohnert The loan can be underwritten using Bitcoin or Ethereum as collateral.Read More
A Trend or a Blip: Banks Exiting Mortgages February 11, 2025 Paul Muolo Some have suggested that WaFd may be for sale and closed its mortgage unit in an effort to simplify its balance sheet.Read More
State Regulators Expected to Step Up Enforcement February 7, 2025 James Dohnert Before he left the bureau, former CFPB Director Rohit Chopra issued guidance for states about enforcing regulation of unfair, deceptive or abusive acts or practices.Read More
Locks for Purchase Mortgages Steady in February February 7, 2025 Brandon Ivey Many potential mortgage borrowers are coming to the realization that interest rates may be done declining.Read More
Short Takes: Strong Jobs Report / Newrez IPO Update / Radian Shifts With Non-Agency MBS / Ellington Turns to Mr. Cooper for CES February 7, 2025 Brandon Ivey MBA’s forecast is that the Fed will make at most one more cut this cycle.Read More
GSE Volume Down in South, Southwest in 2024 February 6, 2025 Dennis Hollier GSE deliveries declined in just four states on an annual basis in 2024.Read More
MSR Values Boost Rithm’s Earnings in Fourth Quarter February 6, 2025 Brandon Ivey Rithm handled servicing with an unpaid principal balance of $844 billion as of the end of 2024.Read More
Short Takes: Turner Confirmed as HUD Leader / Non-Delegated Program at PennyMac / Mortgage-Tech Losses Pile Up at ICE / loanDepot Partners With Homebuilder February 6, 2025 Brandon Ivey Scott Turner's nomination to lead HUD was approved by the Senate on a 55-44 vote.Read More
CFPB Shifts Position in Lawsuit Challenging Data Collection February 5, 2025 Shannon Clark Compliance deadlines with the Section 1071 data-collection rule are set to start in July but could be postponed.Read More
Freedom Plans $500 Million Debt Offering February 5, 2025 Brandon Ivey Freedom plans to use proceeds from the offering for “general corporate purposes,” including repaying existing senior secured debt.Read More