eNote Usage Expected to Increase in Coming Years June 11, 2025 Brandon Ivey According to MERS, currently 267 lenders, 29 servicers and 12 subservicers use eNotes.Read More
Short Takes: Trigger Lead Bill Clears House Committee / Applications Increase With Little Movement in Interest Rates / Foreclosures Decline / Strong Demand for RTL Securitization June 11, 2025 Brandon Ivey The House Financial Services Committee approved H.R. 2808, the Homebuyers Privacy Protection Act, with strong bipartisan support.Read More
Servicing Income Returns to Earth in First Quarter June 10, 2025 John Bancroft Rithm Capital eked out a $28.9 million profit on servicing in the first quarter, but that was down by more than $1 billion from the prior period.Read More
Short Takes: OCC Holds Firm on Preemption / Solar Securitizations Downgraded / Better Hires Former FHFA Tech Leader / Angel Oak Picks Up the Pace With MBS June 10, 2025 Brandon Ivey The OCC said its current stance on preemption is in line with the Dodd-Frank Act and Supreme Court precedent.Read More
Fed Expected to Hold in Near Term as Jobs Market Softens June 6, 2025 Brandon Ivey The Federal Open Market Committee looks unlikely to cut the federal funds rate at its next meeting, in mid-June.Read More
Trump Admin Messaging on GSE Reform Prompts Relief June 6, 2025 Dennis Hollier President Trump vowed to maintain the implicit guarantee and keep the GSEs under his oversight.Read More
Short Takes: Ginnie Offers New Avenue on Buydowns / Democrats Frustrated With Fed’s Removal of Asset Cap on Wells / Large Expanded-Credit MBS From Ares / eHELOC Standard June 6, 2025 Brandon Ivey Beginning June 16, custom single-family pools in the Ginnie II program won’t be subject to the 10% concentration limit on mortgages with buydowns.Read More
Maxex Broadens Offerings for Expanded-Credit Mortgages June 5, 2025 Abby Zimmardi Changes include a reduction of credit score requirements and an elimination of seasoning requirements for DSCR refinances.Read More
Short Takes: Bowman Confirmed in Fed Role / Pulte’s ‘Interesting’ Meetings / A&D Expands FHA Offerings / New Prime Non-Agency MBS June 5, 2025 Brandon Ivey The confirmation of Michelle Bowman as vice chair for supervision at the Fed could prompt the Fed to begin to make regulatory changes.Read More
Second-Level MBS Issuance by GSEs Slows in First Quarter June 3, 2025 John Bancroft Supers MBS repackage smaller securities with similar characteristics to make management of the assets more efficient.Read More
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