Short Takes: Housing Market Outlook / Freddie’s New CFO / Invictus Keeps Up the Pace / Lower to Let Applicants Access Underwriting Engine January 8, 2025 Brandon Ivey For 2025, analysts at Morningstar DBRS predict modest home sales, modest price appreciation and mortgage rates oscillating around the 6%–7% range.Read More
Short Takes: Rocket Fueling Redwood’s MBS / Wells Fargo’s Asset Cap / Chase’s Servicing Unit / Homeowners Plan to Stay Put January 7, 2025 Brandon Ivey Redwood has issued eight consecutive prime non-agency MBS where Rocket Mortgage was the top contributor of loans.Read More
Short Takes: Interest Rates Rising / Housing Inventory Improving / More Non-Agency MBS in the Works January 3, 2025 Brandon Ivey Interest rates on mortgages increased to a level last seen in July 2024.Read More
Delinquencies on Securitized Non-QMs Rise Again January 2, 2025 Brandon Ivey The increase in November was tied to hurricanes, though impairments have increased for seven consecutive months.Read More
Shellpoint Tops Non-Agency MBS Servicers in Third Quarter January 2, 2025 James Dohnert Shellpoint handled $6.70 billion of servicing of non-agency MBS issued during the third quarter.Read More
Short Takes: Annaly off to Quick Start With MBS in 2025 / Outsourcing in Zambia / Residential PACE Originations Constrained January 2, 2025 Brandon Ivey Annaly Capital Management is preparing to issue the first non-agency MBS of 2025.Read More
Non-QM Lender Using AI to Help Parse Lending Guidelines December 31, 2024 James Dohnert The tool took A&D Mortgage six weeks to build the tool based on a commercial solution that was updated using information provided by the lender.Read More
Correspondent Channel Ramps Up Nonconforming Originations December 27, 2024 James Dohnert Nonconforming mortgage originations in the correspondent channel increased from the second to the third quarter.Read More
Investor Demand Could Drive HEL Originations in 2025 December 27, 2024 James Dohnert KBRA forecasts that non-agency securitizations of HELOCs and CES loans will increase next year.Read More
ARM Originations See Slight Rise in 3Q December 26, 2024 James Dohnert An estimated $60.00 billion of ARMs were originated in the third quarter, a 1.7% increase from the previous three-month period.Read More
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