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Short Takes: FHA Adopts Bank-Like Cyber Reporting Requirements / CFPB Looks to Regulate Data Brokers / Bipartisan Legislation in House on AI / Expanded-Credit MBS From Invictus

December 3, 2024
Brandon Ivey
FHA’s new cyber incident reporting requirements align with those of the federal banking regulators.
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Non-Agency Jumbo Share of Originations Shrinks in 3Q

November 26, 2024
James Dohnert
The jumbo share of total first-lien originations narrowed to 12.4% in the third quarter from 13.1% in the second.
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Short Takes: FHFA Plans for Underserved Markets / Affordability Outlook / Impairments on Non-QMs Rise Again / Low-Coupon MSRs on Offer

November 26, 2024
Brandon Ivey
The new plans from FHFA focus on efforts for rural markets, manufactured housing and first-time homebuyers.
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Nation's 10th-Largest Lender Fuels Hildene MBS

November 25, 2024
James Dohnert
The MBS was issued under CrossCountry’s and Hildene’s joint CROSS shelf.
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Short Takes: Powell Sees No Need to ‘Hurry’ Rate Cuts / More Lock-In / Strong Demand for MSR Securitization From Rithm / Non-Agency MBS Flowing Again

November 15, 2024
Brandon Ivey
“The economy is not sending any signals that we need to be in a hurry to lower rates,” said Federal Reserve Chair Jerome Powell.
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Splitero’s HEI Business Poised for Growth Following Investment

November 14, 2024
James Dohnert
Splitero received a $300 million investment from funds managed by Antarctica Capital, a private-equity firm.
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CrossCountry Teams With Chase for Prime Non-Agency MBS

November 13, 2024
Brandon Ivey
CrossCountry has a separate MBS issuance partnership with Hildene Capital Management, though that’s focused on expanded-credit mortgages.
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Angelo Gordon’s REIT Diving Into Home Equity Loans

November 13, 2024
James Dohnert
AGMIT acquired $136.9 million of home equity loans in the third quarter and has committed to purchasing another $200 million in loans over the next several months.
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Refi Share Up Sharply in Latest Jumbo MBS From Rate

November 12, 2024
Brandon Ivey
Refis account for 15.0% of the planned $365.3 million issuance.
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Short Takes: Mixed Trends Among Agency MBS Issuers / Home Sales Expected to Increase / Provident Bank Hires Warehouse VP From Flagstar / Achieve Expands HELOC Offerings

November 12, 2024
John Bancroft and Brandon Ivey
While agency MBS issuance surged in October, some of the top sellers posted declines in volume compared with September.
Read More
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Latest Imf News

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