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Short Takes: Private MIs and Natural Disasters / Large Expanded-Credit MBS From Annaly / New Leader at Broker Action Coalition / MBA Provides Grant to LA Children’s Hospital

January 24, 2025
Brandon Ivey
The brunt of insurance burdens tied to natural disasters fall on property insurance providers, though private MIs could see an uptick in delinquencies.
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Short Takes: Chopra Still Leading CFPB / Foreclosure Starts Spike / Newfi Invests in Business-Purpose Lender / Jumbo MBS From Citi / Expanded-Credit MBS Holding Up

January 23, 2025
Brandon Ivey
Trump is widely expected to replace Rohit Chopra at the CFPB, but that hasn't happened yet.
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Acra CEO Brushes Off Departure of Wholesale Employees

January 22, 2025
Paul Muolo
Roughly 20 of Acra's wholesale account executives and managers left for Champions Funding within the past month or so.
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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.”
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Turner Looking to Address Housing Supply at HUD

January 17, 2025
Monica Hogan
Turner looks likely to easily be confirmed to run HUD, based on his reception by the Senate Committee on Banking, Housing and Urban Affairs.
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Time to Wrap Up Those LO Contracts

January 6, 2025
Paul Muolo
Recruiter Rick Roque says it’s in the best interest of management to finalize compensation agreements by mid-March...
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Ginnie Increases Employee Count in 2024

January 3, 2025
Brandon Ivey
As of the end of September, the agency had 265 employees, up 25% from a year ago.
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Short Takes: Annaly off to Quick Start With MBS in 2025 / Outsourcing in Zambia / Residential PACE Originations Constrained

January 2, 2025
Brandon Ivey
Annaly Capital Management is preparing to issue the first non-agency MBS of 2025.
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Short Takes: Government Shutdown Impact / Existing-Home Sales Increase / Baby Boomers and Home Equity / Ginnie Senior Leader Retiring

December 20, 2024
Brandon Ivey
Among many other issues, the shutdown would pause authorization for new flood insurance policies under the National Flood Insurance Program, potentially impacting home sales.
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Flagstar's CFO Departs, Lee Smith Named to Replace Him

December 16, 2024
Paul Muolo
Gifford, just a few days ago, gave notice to Flagstar that he will be leaving the federally insured depository.
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