Short Takes: CRT Issuance From Fannie / Mixed Trends in Non-QM Performance / FICO Mortgage Simulator / Home Improvement Financing March 4, 2025 Brandon Ivey Fannie Mae is set to issue a credit risk transfer deal tied to a pool of mortgages with an unpaid principal balance of $17.0 billion.Read More
Bank MSR Holdings at the Lowest Level in Almost 20 Years March 3, 2025 Namrata Bhatia Although banks have been reducing their MSR holdings, the asset has increased in value thanks to rising rates.Read More
Rocket’s Earnings Improve in 4Q, Originations Poised to Increase February 28, 2025 Brandon Ivey The swing in earnings was tied to the value of mortgage servicing rights, among other factors.Read More
Pulte, McKernan Face Senators at Confirmation Hearing February 27, 2025 Brandon Ivey Bill Pulte, nominee for FHFA director, and Jonathan McKernan, the nominee for CFPB director, detailed some of their plans.Read More
Loan Removals From Ginnie MBS Up Sharply in 2024 February 27, 2025 Namrata Bhatia Borrower payoffs reflect heavy refinance activity in the Ginnie program.Read More
UWM’s Originations Slip in 4Q, Margins Decline February 26, 2025 Brandon Ivey Even with the lower margin, UWM boosted its net income, helped by improvements in the value of mortgage servicing rights.Read More
State Servicing Standards Gain Traction. Coverage Nears 99% February 25, 2025 Shannon Clark Oversight standards are moving forward, despite the deregulatory bent of the Trump administration.Read More
FHA Probationary Workers Cut, Ginnie Approvals May Slow February 18, 2025 Paul Muolo Some servicing advisors believe that, at the very least, Ginnie approvals on sale of MSRs will slow.Read More
$52 Billion of MSRs Up for Grabs. Well, Maybe... February 18, 2025 Paul Muolo At yearend, UWM owned roughly $229.5 billion of MSRs.Read More
Mortgage-Banking Income Steady at Depositories in 4Q24 February 18, 2025 John Bancroft Earnings reports from 26 publicly traded banks show just over half reported gains in mortgage-banking income from 3Q to 4Q.Read More
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