More Agency Servicing Shifts to Ginnie, Nonbanks January 17, 2025 John Bancroft Lakeview Loan Servicing remained the top agency servicer, with a $732.56 billion portfolio.Read More
Trump Nominates Bill Pulte for FHFA Director January 17, 2025 Dennis Hollier The president-elect said Bill Pulte will help “restore the American Dream for all.”Read More
MBS Investor Reaction a Major Factor in GSE Reform January 17, 2025 Dennis Hollier It would take Congressional action to create an explicit guarantee, a scenario almost no one expects to happen.Read More
CFPB Argues Home Equity Investments Are Subject to TILA January 16, 2025 Shannon Clark The regulator said in an amicus brief Wednesday that home equity investments can be considered credit and subject to Truth in Lending Act requirements.Read More
Repurchases by Banks Decline in Third Quarter January 16, 2025 Namrata Bhatia Banks and thrifts repurchased $213.6 million of single-family mortgages during the third quarter, an 11.5% decline from the previous period.Read More
Short Takes: Chase Expects Small Hit From CA Wildfires / HUD Withdraws Affirmatively Furthering Fair Housing Proposal / Non-Agency MBS Flowing / Debt Offering From Redwood January 16, 2025 Brandon Ivey Chase expects a limited financial impact on its business from the LA-area wildfires.Read More
Non-Agency MBS Sectors Split in Fourth Quarter January 15, 2025 James Dohnert Expanded-credit MBS issuance rose 13.2% in the fourth quarter of 2024 while prime non-agency MBS volume was down 2.9%.Read More
Parrott, Zandi Issue Warning on Administrative GSE Reform January 15, 2025 Brandon Ivey The analysts said only legislation by Congress can address the government guarantee currently applied to Fannie Mae and Freddie Mac.Read More
Short Takes: Housing Groups Support Turner / FHA Looks to Boost Nonprofit Participation / Large Expanded-Credit MBS From CrossCountry / Pretium, Nomura Team on RPL MBS January 15, 2025 Brandon Ivey A coalition of 23 housing groups offered an enthusiastic endorsement of Scott Turner as secretary of the Department of Housing and Urban Development.Read More
Residential Mortgage Securitization Increases in Fourth Quarter January 14, 2025 John Bancroft Rate-term refis helped to drive up residential MBS issuance in the fourth quarter.Read More