Use of Discount Points More Prevalent at Nonbank Lenders December 31, 2024 Brandon Ivey Nonbank lenders put a heavier emphasis on discount points in recent years than depository institutions, according to researchers at the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute.Read More
Short Takes: Home Prices Up / Pending Home Sales Increase Slightly / HUD RFI on Property Insurance / Publishing Break December 31, 2024 Brandon Ivey Home prices increased by 0.4% on a monthly basis in October, according to the Federal Housing Finance Agency.Read More
CFPB Suit Against Rocket Almost Dead-on-Arrival? December 30, 2024 Paul Muolo Current CFPB Director Rohit Chopra is expected to be removed from his post on Jan. 20 when the new Trump White House begins...Read More
Correspondent Channel Ramps Up Nonconforming Originations December 27, 2024 James Dohnert Nonconforming mortgage originations in the correspondent channel increased from the second to the third quarter.Read More
Investor Demand Could Drive HEL Originations in 2025 December 27, 2024 James Dohnert KBRA forecasts that non-agency securitizations of HELOCs and CES loans will increase next year.Read More
ARM Originations See Slight Rise in 3Q December 26, 2024 James Dohnert An estimated $60.00 billion of ARMs were originated in the third quarter, a 1.7% increase from the previous three-month period.Read More
RTL Lenders Cautiously Optimistic Heading Into New Year December 26, 2024 James Dohnert A lack of housing supply should help real estate investors in 2025.Read More
Short Takes: Home Prices on the Rise / Mom-and-Pop Landlords Lead Way for Housing Market / Amynta Group Acquires Mortgage Insurance Underwriter December 26, 2024 James Dohnert Redfin said home prices have risen for three straight months.Read More
Arizona Non-QM Lender Reenters the Correspondent Arena December 23, 2024 James Dohnert Oaktree decided to focus on non-agency products to provide correspondents with loans they may not already have in their toolbox.Read More
Home Equity Loan Originations Level in Third Quarter December 20, 2024 Brandon Ivey Bank of America remained the top originator of home equity loans in the third quarter.Read More