Short Takes: FHFA to Take Action on Credit Report Costs / Purchase-Mortgage Applications Increase Despite Headwinds / MISMO Model Backward Compatible / Prepayment Rates on Non-QMs Increase May 28, 2025 Brandon Ivey FHFA will make “some decisions” regarding credit score costs shortly, according to Bill Pulte.Read More
Rocket Upsizes Securitization of Closed-End Second Liens May 23, 2025 Brandon Ivey Upsizing typically indicates exceptionally strong demand for a securitization.Read More
Higher-Priced Lending Increases Somewhat in 2024 May 23, 2025 Brandon Ivey Higher-priced mortgages accounted for 2.4% of total originations tracked in HMDA in 2024.Read More
Correspondent Sales of Jumbo Mortgages Surge in 2024 May 22, 2025 Brandon Ivey Correspondent sales of non-agency jumbo mortgages increased by 62.3% on an annual basis in 2024.Read More
Acra Looking for New CEO Amid Sale to BlackRock May 22, 2025 Paul Muolo Keith Lind was a managing director at HPS prior to joining Acra and he recently returned to HPS in a senior leadership role.Read More
Short Takes: Home Price Appreciation Slows / Limited Demand for Large Home-Improvement Projects / Applications Decline / Angel Oak Ramping Up MBS Issuance May 21, 2025 Brandon Ivey Annual home price appreciation in April 2025 increased at the slowest rate since 2012.Read More
Georgia Depository Goes Where Few Banks Wander: Non-QM Wholesale May 19, 2025 Abby Zimmardi American Pride Bank’s new unit is called APB Wholesale and has a keen focus on non-QMs.Read More
Chase Ramping Up Issuance of MBS With Non-QMs May 16, 2025 Brandon Ivey It will be the second issuance this year from Chase on its non-QM shelf, following one deal in 2024.Read More
Angel Oak REIT Plans $40 Million Debt Offering May 15, 2025 Brandon Ivey Proceeds from the offering could be used for investments in non-qualified mortgages and other assets.Read More
Short Takes: Strong Demand for HELOC Securitization / New Prime Non-Agency MBS / Annaly Increasing Expanded-Credit MBS Issuance May 15, 2025 Brandon Ivey Angel Oak Capital Advisors' first HELOC securitization was six times oversubscribed.Read More
RSS