Lenders Support FHFA’s Recission of UDAP Compliance Requirement March 26, 2025 Dennis Hollier FHFA's move alleviates industry concerns of duplicative oversight of lender compliance with unfair or deceptive acts or practices requirements.Read More
Risk of a Recession Increasing, Fratantoni Cautions March 26, 2025 Brandon Ivey In February, MBA was projecting a 25% chance of a recession within the next 12 months. Now, the projection is a 35% risk.Read More
ARM Originations Gain Share in Fourth Quarter March 26, 2025 James Dohnert An estimated $68.00 billion of adjustable-rate mortgages were originated in the fourth quarter.Read More
Short Takes: FHFA Policy Announcements Via X / New Home Sales Increase / New Non-QM Lender March 26, 2025 Brandon Ivey FHFA Director Bill Pulte is posting pictures of printed memos on X to announce FHFA policy changes.Read More
Fluctuations in Correspondent Share of Nonconforming Market March 25, 2025 James Dohnert The correspondent share of nonconforming originations fell to 9.0% in 2024, down from an 11.9% share in 2023.Read More
Young Latinos Pick Up Homebuying Pace March 25, 2025 Emmeline Willey Hispanics are becoming homeowners at a quicker rate than other ethnic or racial groups, and they’re buying at a younger age on average, a trend that looks set to continue.Read More
Short Takes: Home Price Appreciation Slows / Expanded-Credit MBS Issuance / BSI Subservicing HELOCs / CoreLogic Now Cotality March 25, 2025 Brandon Ivey Home prices increased by 0.2% on a monthly basis in January, according to FHFA.Read More
Progressive Insurance Invests in Digital Lender March 24, 2025 James Dohnert Tomo will use the proceeds to hire additional loan officers, processors and underwriters.Read More
FHFA Removes Reid as Freddie’s CEO March 21, 2025 Dennis Hollier Freddie President Michael Hutchins will step in as interim CEO.Read More
Short Takes: Mixed Trends in Home Sales / Chief Housing Economist at White House / CEO of AGNC Takes on CIO Duties / Capital Raise for HEI Token Effort March 21, 2025 Brandon Ivey Lawrence Yun, chief economist at NAR, said “the momentum for home sales is flashing encouraging signs.”Read More