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Short Takes: Supreme Court Blocks Cook Dismissal / Julia Gordon Heads to CAHL / Luxury Home Prices Rising Fast

June 30, 2026
James Dohnert
The Supreme Court ruled that the White House cannot remove Federal Reserve Governor Lisa Cook while her court challenge is pending.
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Short Takes: Homeowners Overpaying for Mortgage / House Hunters Looking to Relocate / reAlpha Launches Flat-Fee LO Comp Model / Truss Offers HELOC for Self-Employed Borrowers

June 29, 2026
James Dohnert
Borrowers aren't shopping for the best rate.
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Rocket Leads Home Equity Lenders in 1Q, a First for a Nonbank

June 26, 2026
Brandon Ivey
Rocket and a number of other nonbanks have added home equity loans to their product offerings in recent years after refinance activity slowed.
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Acra Offering its First Expanded-Credit MBS since 2024

June 26, 2026
Brandon Ivey
Acra and BlackRock NQM Investments are jointly issuing the new MBS and BlackRock is retaining risk on the issuance.
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Short Takes: Delinquencies Rise on Securitized Non-QMs / The Sunday Factor in Delinquencies / Community Bank Expands Agreement With NCRC

June 26, 2026
Brandon Ivey
Most of the increase in the impairment rate in May was from delinquencies.
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ARM Originations Decline in First Quarter

June 25, 2026
Abby Zimmardi
The ARM share of first-lien originations also declined somewhat, as interest rate trends in the first two months of the first quarter made fixed-rate mortgages somewhat more attractive than ARMs.
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Annaly Quickly Brings Another Large Expanded-Credit MBS

June 25, 2026
Brandon Ivey
Days after issuing a $1.02 billion expanded-credit MBS, Annaly is marketing a $1.01 billion deal.
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Short Takes: Sales of New Homes Decline / HELOC Lender Raises Capital / Big Banks Pass Stress Test With Major Home Price Depreciation

June 25, 2026
Brandon Ivey
Sales of new homes declined on monthly and annual bases in May.
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Non-Agency Share of MBS Outstanding Up in First Quarter

June 24, 2026
John Bancroft
A total of $545.80 billion of non-agency MBS backed by single-family mortgages was outstanding at the end of March.
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Short Takes: Housing Bill Headed to Trump / Fannie to Expand Title-Insurance Skipping Pilot / Angel Oak Shifts MBS Strategy / Income Declines at KB Home

June 24, 2026
Brandon Ivey
H.R. 6644, the 21st Century ROAD to Housing Act, is being hailed as the most significant housing legislation from Congress in three decades.
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Latest Imf News

  • GSE Jumbo Activity Up in 2Q, Investment Property Volume Down

  • Homebuyer Demand Diminishing Amid High Interest Rates

  • FHA Testing of UAD 3.6 Remains on Track

  • New American Funding Brings AI to Customer Support

More Imf News

Featured Data

  • Non-Agency Pushes CMBS Issuance Up Slightly in 2Q

  • PMIs Gain Purchase Share, Refinance Share Slips

  • FHA Loss-Mitigation Removals Spike in 2Q

  • Prime Non-Agency MBS Issuance Drops in 2Q

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  • 2026 Mortgage Market Statistical Annual (PDF)

  • IMF HMDA Dashboard: 2025

  • Guide to Mortgage Lending to First-Time Homebuyers

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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