Rocket/Mr. Cooper Merger Gets Nod From FHFA August 27, 2025 Dennis Hollier The regulator, though, says no market participant can account for more than 20% of the GSEs' servicing market.Read More
Chase Relaunches HELOC Program August 26, 2025 James Dohnert Chase has brought back its HELOC program after stopping new applications in 2020.Read More
Short Takes: Logan Finance Adds Dobynes / MBA Shares Recommendations for BNPL Debt / Planet Grows / DQs Declining August 26, 2025 James Dohnert The national delinquency rate improved for the second month in a row.Read More
M&A Reducing the Number of Warehouse Clients August 25, 2025 Paul Muolo One warehouse manager described the current state of the business as one that is “normalizing.”Read More
Troubling Signs of Non-QM Fraud? August 25, 2025 Abby Zimmardi One executive said underwriters should be extra careful and check the certified public accountant documentation.Read More
Purchase Mortgages Outpace Refis in Second Quarter August 22, 2025 Brandon Ivey Purchase-mortgage originations increased by 41.2% from the first quarter while refi business was up 34.1%.Read More
Rocket Upsizes Securitization of Closed-End Seconds August 22, 2025 Brandon Ivey The deal size increased by nearly 30% compared with Rocket's initial plans.Read More
Some Anxiety in Secondary Market on Potential GSE Reform August 22, 2025 Dennis Hollier Libby Cantrill, a managing director and head of public policy at PIMCO, warned that the administration’s concept is beset with problems.Read More
Homebuilder Hovnanian Sees Margins Shrink With Buydowns August 22, 2025 Brandon Ivey Some 75% of Hovnanian homebuyers who received a mortgage from the company used a buydown during the fiscal third quarter this year.Read More
Short Takes: Senators Prep NFIP Reform Proposal / Existing Home Sales Increase Slightly / Non-Agency MBS Benefit From Moody’s Change August 22, 2025 Brandon Ivey Sens. Bill Cassidy, R-LA, and Cory Booker, D-NJ, are seeking feedback on potential reforms to the National Flood Insurance Program.Read More