Mortgage-Banking Income at Banks Level in Fourth Quarter May 12, 2025 John Bancroft Servicing income helped cover for a decline in production income.Read More
Mortgage Market Waiting for Details on GSE Reform May 12, 2025 Dennis Hollier There are more questions than answers on how the Trump administration will end the conservatorships of the GSEs.Read More
Negative MSR Mark Prompts Loss at Rocket in First Quarter May 9, 2025 Brandon Ivey Rocket had a negative $449.2 million change in the fair value of MSRs during the first quarter.Read More
MBS Investors Seek Further Buydown Limitations From Ginnie May 9, 2025 Emmeline Willey Ginnie MBS investors continue to have concerns about mortgages with permanent buydowns.Read More
Short Takes: Ellington Investing in Non-QM Lenders / Blend to Sell Title Insurance Unit / More Expanded-Credit MBS / Debt Offering From Two Harbors May 9, 2025 Brandon Ivey Ellington Financial is making investments in lenders that originate non-QMs.Read More
Fed Holds Steady, Waiting for Events to Unfold May 8, 2025 Brandon Ivey Fed Chair Jerome Powell continued to insist that changes to the federal funds rate will depend on economic trends.Read More
Guild Takes Losses on Lending, Servicing in First Quarter May 8, 2025 Brandon Ivey Guild opportunistically increased its market share of originations amid volatility in the first quarter.Read More
Short Takes: Locks Level in May / Fitch More Comfortable With Rocket’s Plans / Chase Brings Large Jumbo MBS May 8, 2025 Brandon Ivey Locks for purchase mortgages were essentially level on a monthly basis in May, according to Mortgage Capital Trading.Read More
Pulte Downplays GSE Reform for Trump Administration May 7, 2025 Dennis Hollier Recent comments by the FHFA director suggest the Trump administration has no immediate plans to release Fannie and Freddie from conservatorship. Rather, FHFA will continue to focus on fraud and abuse at the enterprises.Read More
loanDepot Takes Another Loss in First Quarter May 7, 2025 Brandon Ivey Earnings performance improved compared with the fourth quarter.Read More