Trump Nominates Bill Pulte for FHFA Director January 17, 2025 Dennis Hollier The president-elect said Bill Pulte will help “restore the American Dream for all.”Read More
Turner Looking to Address Housing Supply at HUD January 17, 2025 Monica Hogan Turner looks likely to easily be confirmed to run HUD, based on his reception by the Senate Committee on Banking, Housing and Urban Affairs.Read More
MBS Investor Reaction a Major Factor in GSE Reform January 17, 2025 Dennis Hollier It would take Congressional action to create an explicit guarantee, a scenario almost no one expects to happen.Read More
Short Takes: GSE Bi-Merge Transition Delayed / FHA Updates Loss-Mitigation Waterfall / Updated Damage Estimates for CA Wildfires / A&D to Acquire Flagstar’s Wholesale Business via Mr. Cooper January 17, 2025 Brandon Ivey The GSEs didn't provide a revised timeline for implementing bi-merge credit score policies.Read More
Originations Decline at U.S. Bank, Revenue Takes Hit January 16, 2025 Brandon Ivey Mortgage-banking revenue was off due to lower originations and hedges tied to MSRs.Read More
Repurchases by Banks Decline in Third Quarter January 16, 2025 Namrata Bhatia Banks and thrifts repurchased $213.6 million of single-family mortgages during the third quarter, an 11.5% decline from the previous period.Read More
Short Takes: Chase Expects Small Hit From CA Wildfires / HUD Withdraws Affirmatively Furthering Fair Housing Proposal / Non-Agency MBS Flowing / Debt Offering From Redwood January 16, 2025 Brandon Ivey Chase expects a limited financial impact on its business from the LA-area wildfires.Read More
Residential Production Gains for Chase, Wells in 4Q January 15, 2025 Paul Muolo Originations at the two big banks increased by around 7% on a quarterly basis in the fourth quarter.Read More
Parrott, Zandi Issue Warning on Administrative GSE Reform January 15, 2025 Brandon Ivey The analysts said only legislation by Congress can address the government guarantee currently applied to Fannie Mae and Freddie Mac.Read More
Lenders See Ominous Signs on Interest Rates January 15, 2025 Paul Muolo No longer is it a given that the Federal Reserve will cut short-term rates twice this year. And the 10-year Treasury rate is elevated.Read More
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