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Short Takes: loanDepot CEO Heading Out / Hometap Brings Securitization / Freddie Selling RPLs / Profits Increase at Velocity

March 7, 2025
Brandon Ivey
Anthony Hsieh, chairman, founder and controlling shareholder of loanDepot, is returning to senior leadership as executive chairman of mortgage originations at the nonbank.
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Goldman Enters Securitization Market for Closed-End Seconds

March 6, 2025
Brandon Ivey
Goldman issued a similar deal with home equity lines of credit in October.
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Short Takes: Warren Frustrated by McKernan, Pulte / Figure’s eNote Registry Growing / Pennymac Sponsoring Team USA / LendingTree’s Mortgage Profits Increase

March 6, 2025
Brandon Ivey
Sen. Elizabeth Warren, D-MA, said responses to her questions from both Jonathan McKernan, nominee to lead the CFPB, and Bill Pulte, nominee to lead the FHFA, were disqualifying.
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Trump More Likely to Help Than Hurt Non-QM Market?

March 5, 2025
Brandon Ivey
The first Trump administration didn’t take many actions to boost the non-QM market, so the outlook is murky.
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Short Takes: Mortgage Applications Spike / Fannie Selling RPLs / RTL Securitization From Neuberger Berman / LO Promoted to President of Rate Mortgage

March 5, 2025
Brandon Ivey
A decline in interest rates helped to increase demand for refis and purchase mortgages last week.
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Angel Oak REIT Takes Loss in Fourth Quarter

March 4, 2025
James Dohnert
The REIT earned $28.8 million in 2024.
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Issuance of Non-Agency MBS Resuming Following Lull

March 4, 2025
Brandon Ivey
Four deals started marketing Monday, including three expanded-credit MBS.
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Short Takes: CRT Issuance From Fannie / Mixed Trends in Non-QM Performance / FICO Mortgage Simulator / Home Improvement Financing

March 4, 2025
Brandon Ivey
Fannie Mae is set to issue a credit risk transfer deal tied to a pool of mortgages with an unpaid principal balance of $17.0 billion.
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Conventional-Conforming Share Declines in 2024

February 28, 2025
Brandon Ivey
Government-insured lending and nonconforming mortgages took share from the conventional-conforming market in 2024.
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Short Takes: Cost of Rocket’s Rebrand / Figure Forms Joint Venture With Sixth Street / Pending Home Sales Decline / Losses Narrow at Blend

February 28, 2025
Brandon Ivey
The rebrand included an ad during the Super Bowl.
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Latest Imf News

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