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Originations
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Short Takes: Employment on Shaky Ground / U.S. Citizen Share of Mortgage Lending Rising / Home Sales Slowing / New Wholesale Option for RTLs

July 8, 2025
Brandon Ivey
Some 29% of households surveyed by Fannie Mae in June said they were concerned about potentially losing their jobs, up from a 22% share in May.
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Not a Whole Lot of Hiring in the World of Mortgages

July 7, 2025
Paul Muolo
Loan brokerage firms had 83,600 workers on their payrolls as May closed out, off 100 from April 30.
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Popular Stock Trading App Offers Mortgage Discounts to 'Gold' Members

July 7, 2025
Shannon Clark
Robinhood's Tenev said the interest rate on a 30-year fixed-rate mortgage could be 6.11% for Gold members.
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Retail Share of Nonconforming Lending Declines in 1Q

July 3, 2025
Brandon Ivey
Both the correspondent and broker channels increased their market share recently.
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Some Bipartisan Support for Home-Rehab Tax Credit

July 3, 2025
Emmeline Willey
The tax credit would cover the difference between the cost of rehabilitation and the price the property fetches in a sale to a buyer with an income well below the area median.
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AEI Analysts Propose New Path to Federal Land Sales

July 3, 2025
Brandon Ivey
The analysts suggested that President Trump could issue an executive order directing the secretary of the Interior to auction as much as 180 square miles of federal land.
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Short Takes: Pulte Calls for Investigation of Powell / Fannie Removes Restrictions on Lender Incentives / Fairway Rebrands / Freddie Allows Buydowns for MH Loans

July 3, 2025
Brandon Ivey
Pulte is pointing to testimony from Powell regarding renovations at the Fed’s headquarters.
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Senate Passes Trump’s Massive Tax Bill, No Bond Market Vigilantes in Sight

July 2, 2025
Paul Muolo
Stifel said it’s questionable whether enough Republicans will vote against the bill.
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Piper’s Mid-Year Take on Mortgages: No Normalcy Yet

July 2, 2025
Paul Muolo
Piper: "The primary-secondary spread has averaged 1.06% in 2Q25, below the 1Q25 average of 1.12%."
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Hope for ARM Production? Not in the 1Q Numbers

July 1, 2025
Brandon Ivey
ARM lending fell by at least 30% on a sequential basis at the top three producers.
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