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Short Takes: Fannie Expects Modest Home Sales Growth / 1st Security Bank Hires New Director of Home Lending / AD Mortgage Launches New Jumbo Product / Mortgage Application Volume Declines

December 29, 2025
James Dohnert
Fannie expects home sales to increase 7% in 2026; 1st Security Bank hires Omeed Salashoor; AD Mortgage debuts jumbo product for luxury homebuyers; MBA said mortgage applications declined the week of Dec. 19.
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Short Takes: Better Hires New COO / Kiavi Expands Lending Footprint / JPMorgan Preps Jumbo MBS / BofA Offers Aid to Residents Impacted by LA Wildfires

December 22, 2025
James Dohnert
Barry Feierstein has served as chief operating officer at EasyKnock and Hamilton Insurance Agency.
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Non-QM Lenders Tapping AI to Automate Underwriting

December 19, 2025
Abby Zimmardi
Jayendran GS, CEO of Prudent AI, a mortgage tech provider, said the growing presence of AI in underwriting is alleviating some lender fear around the technology.
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Short Takes: Mortgage Locks Decline in November / Home Prices Decline in November / More Direct FICO Score Providers / JPM Keeps Non-Agency MBS Moving

December 18, 2025
Brandon Ivey
Locks for mortgages declined by 4.2% on a monthly basis in November, according to Mortgage Capital Trading.
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Short Takes: Dodd, Frank Oppose CFPB Funding Move / Waters Calls for Oversight of GSE Reform / Home Sales Increase in CA / Pennymac Sends More GSE-Eligible Loans to Non-Agency MBS

December 17, 2025
Brandon Ivey
“[The Trump administration’s] position is wrong as a statutory interpretation and is at odds with Congress’ plan in setting up the [CFPB],” according to an amicus brief filed by Democrats.
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Mutual of Omaha to Issue Securitization With Proprietary Reverse Mortgages

December 16, 2025
Brandon Ivey
The lender has been originating non-agency reverse mortgages since 2018, and had been selling the loans to an unidentified third party through April 2025, according to Morningstar DBRS.
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Short Takes: Unemployment Rate Rises / Applications for New Home Purchases Increase / Homebuilders Ramp Up Incentives / Ellington Offers Large Expanded-Credit MBS

December 16, 2025
Brandon Ivey
The unemployment rate increased from 4.4% in September to 4.6% in November.
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Retail Market Share for Nonconforming Originations Drops

December 15, 2025
Abby Zimmardi
Correspondent and broker channels gained market share for nonconforming loan originations in the third quarter, according to a new Inside Nonconforming Markets analysis of proprietary survey data.
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Home Equity Declines in 3Q

December 15, 2025
James Dohnert
The number of homeowners with negative equity increased in the third quarter, according to a new report by Cotality.
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Short Takes: Former Fannie CEO Joins Fifth Third Board / Compass Projects Home Sales Boost / Home Flipping ROI Falls in 3Q / New VP of Wholesale Production at ARDRI

December 15, 2025
James Dohnert
Priscilla Almodovar to join Fifth Third board of directors.
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