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
PennyMac's Lending, Profits Decline in First Quarter April 23, 2025 Paul Muolo PennyMac Financial earned $76.3 million in the first quarter of 2025, down 27.0% from the fourth quarter.Read More
Short Takes: Homebuilder Originations Up / Credit Inquiries for Mortgages Declining / More Expanded-Credit MBS / Forbearance Declines April 22, 2025 Brandon Ivey PulteGroup and NVR boosted mortgage originations on an annual basis in the first quarter of 2025.Read More
A Drop in FHA/VA Lates But Worries Persist April 21, 2025 Emmeline Willey “Conventional delinquencies remain near historical lows, but FHA and VA delinquencies are increasing at a faster pace,” MBA noted.Read More
Delinquencies on Agency MBS Decline in First Quarter April 17, 2025 Brandon Ivey It’s the third year in a row that delinquencies declined in the first quarter following an increase the previous quarter.Read More
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