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Short Takes: FHFA’s Market Share Cap Unclear / Home Purchase Sentiment Ticks Down / Fairway Partners With OpenAI

September 9, 2025
Brandon Ivey
If subservicing is included in FHFA's market share cap, Rocket plans to shift some of the servicing mix at the combined Rocket/Mr. Cooper.
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CFPB Considering Changes to ATR/QM Rule

September 5, 2025
Shannon Clark
There's no timeframe yet for potential adjustments to the ATR rule.
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Short Takes: Miran Cites Fed Independence / Radian Boosts Warehouse Funding From Chase / Provident Sending More GSE-Eligible Mortgages to Non-Agency MBS / AGNC Raising Capital

September 4, 2025
Brandon Ivey
Stephen Miran, President Trump’s nominee to fill a vacant governor position at the Federal Reserve, said he intends to preserve the Fed’s independence if confirmed for the position.
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CFPB Proposes Reducing Supervision of Nonbanks

September 3, 2025
Shannon Clark
A proposal from the CFPB would limit the bureau's ability to designate nonbanks for supervision.
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Trump Considering Declaring National Housing Emergency

September 2, 2025
Brandon Ivey
The national emergency declaration would allow the administration to use extraordinary powers to address high home prices and limited housing supply.
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Mortgage Tech Company Faces Stock Trading Limit

September 2, 2025
Brandon Ivey
Voxtur Analytics has faced financial difficulties in the past year and was late filing earnings for the second quarter of 2025.
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Rocket/Mr. Cooper Merger Gets Nod From FHFA

August 27, 2025
Dennis Hollier
The regulator, though, says no market participant can account for more than 20% of the GSEs' servicing market.
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Trump Fires Federal Reserve Governor, Accusing Her of Mortgage Fraud

August 26, 2025
Paul Muolo
In a statement, Cook denied legal wrongdoing, saying she would not resign from the Fed.
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A Coming Fed Rate Cut? The MSR Effect?

August 25, 2025
Paul Muolo
After analyzing Powell’s comments, Deutsche Bank forecasted a 25-bp reduction in September.
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Short Takes: Senators Prep NFIP Reform Proposal / Existing Home Sales Increase Slightly / Non-Agency MBS Benefit From Moody’s Change

August 22, 2025
Brandon Ivey
Sens. Bill Cassidy, R-LA, and Cory Booker, D-NJ, are seeking feedback on potential reforms to the National Flood Insurance Program.
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