Nonbank Share of GSE Servicing Level in 2Q July 22, 2025 Dennis Hollier Nonbanks handled 60.7% of GSE servicing as of the end of June.Read More
MSR Transfers Slow in 2Q, Lag Activity Seen in 2024 July 21, 2025 John Bancroft There was a sharp 20.6% decline in transfers of high-coupon MSR exceeding 6%.Read More
Large Sequential Gains for Origination Bellwethers JPM and Wells July 15, 2025 Paul Muolo KBW noted the GOS margin at Wells fell sharply to 45 bp in 2Q25, down 45 bp quarter over quarter...Read More
As Earnings Season Starts, Some Concerns About Originations July 14, 2025 Paul Muolo KBW said of UWM, "while the shares remain inexpensive, we see limited positive catalysts with rates remaining range-bound at current levels.”Read More
Advocates Say VA Borrowers Need More Than Partial Claims July 14, 2025 Emmeline Willey The Center for Responsible Lending said loss-mitigation offerings need to reduce monthly payments to avoid foreclosures.Read More
Interest Rate Outlook Murky Following Tax/Spending Bill July 11, 2025 Paul Muolo With the federal deficit set to increase, there are fears that the 10-year Treasury rate will rise.Read More
Short Takes: OCC Head Confirmed / FHA Delays Deadline for Phishing-Resistant Change / Westcor Added to Fannie Title Acceptance Pilot / UWM Invests in Bilt / Panorama Mortgage Group Launches Wholesale Unit July 11, 2025 Brandon Ivey Jonathan Gould was the senior deputy comptroller and chief counsel at the OCC during the latter half of the first Trump administration.Read More
Short Takes: FICO’s Reaction / Applications Increase / FHA Foreclosure Moratorium in Texas County / Fannie Selling NPLs / Still Retiring From PulteGroup July 9, 2025 Dennis Hollier and Brandon Ivey FICO's stock price took a hit after the FHFA announced that the GSEs will immediately accept VantageScore 4.0.Read More
CFPB’s Guidance Recissions Hit Snag in Court July 8, 2025 Shannon Clark A judge allowed the CFPB to withdraw its amicus brief to the extent the brief discusses now-withdrawn advisory guidance but denied the bureau’s request to strike the brief from the docket.Read More
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.Read More