Conventional-Conforming Share Declines in 2024 February 28, 2025 Brandon Ivey Government-insured lending and nonconforming mortgages took share from the conventional-conforming market in 2024.Read More
CFPB Backs Out of Lawsuits Involving Rocket, Vanderbilt February 28, 2025 Shannon Clark No explanation for the dismissals was provided in the court filings that announced the moves.Read More
Rocket’s Earnings Improve in 4Q, Originations Poised to Increase February 28, 2025 Brandon Ivey The swing in earnings was tied to the value of mortgage servicing rights, among other factors.Read More
Short Takes: Cost of Rocket’s Rebrand / Figure Forms Joint Venture With Sixth Street / Pending Home Sales Decline / Losses Narrow at Blend February 28, 2025 Brandon Ivey The rebrand included an ad during the Super Bowl.Read More
Pulte, McKernan Face Senators at Confirmation Hearing February 27, 2025 Brandon Ivey Bill Pulte, nominee for FHFA director, and Jonathan McKernan, the nominee for CFPB director, detailed some of their plans.Read More
Loan Removals From Ginnie MBS Up Sharply in 2024 February 27, 2025 Namrata Bhatia Borrower payoffs reflect heavy refinance activity in the Ginnie program.Read More
Ishbia Insists UWM Controls Margins on Wholesale Lending February 27, 2025 Brandon Ivey “Everyone else follows us,” said Mat Ishbia, chairman and CEO of United Wholesale Mortgage.Read More
Crypto Usage in Real Estate Could See Boost From Trump February 27, 2025 James Dohnert The Trump administration is taking a much more friendly stance on crypto than the Biden administration.Read More
Short Takes: HUD Scraps AFFH Rule / Ishbia Happy With Trump / Sales of New Homes Decline / $200 Million IPO for Rithm Acquisition February 27, 2025 Brandon Ivey The rescinded AFFH rule had set fair housing obligations for certain recipients of HUD funding.Read More
Freddie Pilot for Second Liens Up and Running February 26, 2025 Brandon Ivey The government-sponsored enterprise received approval from the Federal Housing Finance Agency in June 2024 to acquire second liens.Read More