The bulk of home equity lending remains in HELOCs by banks.

Sachem's expenses spiked in 2024, including a $26.9 million provision for credit losses on loans held for investment.

The rate of growth for non-agency MBS outstanding in 2024 was four times that of the growth in agency MBS.

An estimated $68.00 billion of adjustable-rate mortgages were originated in the fourth quarter.

FHFA Director Bill Pulte is posting pictures of printed memos on X to announce FHFA policy changes.

The correspondent share of nonconforming originations fell to 9.0% in 2024, down from an 11.9% share in 2023.

Fitch has avoided rating home equity investment securitizations as well as deals stocked with loans underwritten with less-than-full documentation.

Home prices increased by 0.2% on a monthly basis in January, according to FHFA.

Lawrence Yun, chief economist at NAR, said “the momentum for home sales is flashing encouraging signs.”

Following a court order, the CFPB disclosed this week that it reinstated 117 probationary employees then immediately placed them on administrative leave.