Short Takes: The Fed’s ‘Quandary’ / Weak Demand for Purchase Mortgages / Impairment Rate on Non-QMs Declines / SoFi Increasing Home Lending April 30, 2025 Brandon Ivey The data the Federal Reserve relies on shows a slowing economy but also increased risk of inflation.Read More
Servicing for Fannie Declines in the First Quarter April 29, 2025 Dennis Hollier There was also a slight year-over-year decline in Fannie servicing.Read More
Fannie Economists Revise Interest Rate Projection Lower April 29, 2025 Brandon Ivey Fannie's previous forecast was released just prior to changes in tariff policies.Read More
Two Harbors Takes Loss in First Quarter With MSR Values Down April 29, 2025 Brandon Ivey The REIT also had a $98.8 million loss during the quarter on interest rate swap and swaption agreements, which are used for hedging.Read More
Short Takes: Home Price Appreciation Slows / More Judicial Scrutiny of CFPB Layoffs / Rate Launches Expanded-Credit Products / FHA Revises Foreclosure Sale Policy / Wells Free From CFPB Consent Order April 29, 2025 Brandon Ivey Home prices increased by 0.1% on a monthly basis in February.Read More
MSR Demand Red Hot in 1Q Despite Asset Markdowns April 28, 2025 Paul Muolo Incenter, like every advisory firm, sees a bull market for MSR sales.Read More
Income Plummets at Rithm’s Mortgage Unit in First Quarter April 25, 2025 Brandon Ivey Much of the swing was tied to a decline in the value of mortgage servicing rights.Read More
Losses Pile Up at PlainsCapital Bank’s PrimeLending April 25, 2025 Brandon Ivey PrimeLending took an $8.3 million pre-tax loss in the first quarter of 2025.Read More
Mr. Cooper Sees Room for Growth With Subservicing April 24, 2025 Brandon Ivey Mr. Cooper's subservicing declined during the first quarter of 2025 as some customers left following Mr. Cooper's acquisition of Flagstar Bank.Read More
Mr. Cooper’s Servicing Portfolio Shrinks in First Quarter April 23, 2025 Brandon Ivey The bulk of the first-quarter decline was in subservicing.Read More
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