Short Takes: Powell Raises Insurance Alarm Bells / Angel Oak Markets MBS / Kiavi Expands / House Dems Call for Answers on CFPB Funding Request February 12, 2025 James Dohnert The Federal Reserve chair said in 15 years there are likely to be regions in the country where you can't get homeowners insurance.Read More
Surprise: MBS Issuance on the Rise in January February 11, 2025 John Bancroft Among the top 15 MBS issuers for the month: Planet Home, CMG Mortgage and Onity.Read More
Ginnie MBS Issuance Weakest Since June of Last Year February 10, 2025 Andras Malatinszky Mortgage firms issued $38.0 billion of Ginnie Mae MBS in January, the weakest showing since June of last year.Read More
MSR Buyers Seeing Plenty of Financing Options February 7, 2025 Paul Muolo Mike Carnes, a valuation specialist for MIAC Analytics, said he’s seen a “lot more financiers” of servicing rights arrive in the past year.Read More
Short Takes: Strong Jobs Report / Newrez IPO Update / Radian Shifts With Non-Agency MBS / Ellington Turns to Mr. Cooper for CES February 7, 2025 Brandon Ivey MBA’s forecast is that the Fed will make at most one more cut this cycle.Read More
GSE Volume Down in South, Southwest in 2024 February 6, 2025 Dennis Hollier GSE deliveries declined in just four states on an annual basis in 2024.Read More
MSR Values Boost Rithm’s Earnings in Fourth Quarter February 6, 2025 Brandon Ivey Rithm handled servicing with an unpaid principal balance of $844 billion as of the end of 2024.Read More
HEL Securitization Cools in Fourth Quarter February 5, 2025 Brandon Ivey Issuance involving closed-end second liens held up better than HELOCs and home equity investment activity.Read More
Short Takes: FICO’s Score Revenue Jumps / PennyMac Upsizes Debt Offering / Optimal Blue to Offer AI Tool / Jumbo MBS From Redwood / Better Rewards Program February 5, 2025 Brandon Ivey FICO's revenue from mortgage originations increased by 110% in the fourth quarter of 2024 compared with the fourth quarter of 2023.Read More
Retail Channel Gains Share in Agency MBS in 4Q February 4, 2025 Andras Malatinszky Retail lending gained share from the correspondent channel in the fourth quarter.Read More