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Short Takes: FHFA Planning to Adjust LLPAs / Foreclosures Increase / Some Urgency on Interest Rates / Morgan Stanley Tapping Hometown Equity Mortgage for Non-QMs

August 14, 2025
Brandon Ivey
FHFA is working on changes to the GSEs' loan-level price adjustments, according to FHFA Director Bill Pulte.
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Expectations Increase for September Rate Cut

August 13, 2025
Brandon Ivey
Inflation figures released Tuesday helped to increase the value of stocks, including stocks in mortgage companies.
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Short Takes: Refi Applications Spike / Fannie Selling RPLs / Home Prices Decline in California / Mesa Raises $24 Million

August 13, 2025
Brandon Ivey
Refi applications increased by 23% on a weekly basis last week.
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Time to Worry About FHA Lates? Just Maybe...

August 11, 2025
Emmeline Willey
Key point: Although 30-day lates make up 2.1% of all mortgages, 38% of that is comprised of FHA mortgages.
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Guild Bounces Back With a Profit in Second Quarter

August 8, 2025
James Dohnert
Stronger originations and servicing income helped drive Guild to a profit in the second quarter after taking a loss in the first quarter.
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Short Takes: UWM Sticking With 1 Subservicer / Angel Oak Sale Price / Housing Market Sentiment Improves / Cherry Hill Partners With Lender / LendingTree Rated by Fitch

August 8, 2025
Brandon Ivey
United Wholesale Mortgage has all of its servicing with one subservicer as the nonbank builds an in-house servicing operation.
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Mortgage Servicing Complaints to CFPB Decline in 2Q

August 7, 2025
Shannon Clark
Servicing was the only mortgage category to see a quarterly drop in complaints.
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Lenders Urged to Consider Compliance Risks With Use of AI

August 6, 2025
Shannon Clark
"The challenge is getting the requisite understanding of risk, providing the governance infrastructure and really creating the level of transparency and understanding that allow for a less sophisticated lender to adopt this technology," said John Levonick, a senior partner at the law firm of Garris Horn.
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Short Takes: Florida Faces Pressure on Home Prices / Pulled Listings of Homes at Record Levels / Agency MBS REIT Raising Funds / FHFA Increases Cap on GSE LIHTC Investments

August 6, 2025
Brandon Ivey
The top five markets with a “very high risk” of home price declines are all in Florida, according to Cotality.
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Earnings Hold Steady at Onity in Second Quarter

August 5, 2025
Paul Muolo
Onity valued its owned MSR book at 144 basis points at midyear 2025.
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