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Short Takes: Treasury Hosts Title Insurance Meeting / HELOC Securitization From Figure / Inflation Declines / Foreclosure Activity Slows

July 11, 2024
Brandon Ivey
The meeting will help the Treasury’s Federal Insurance Office as it considers policy options on title insurance.
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Investor Borrowers Pose Some Challenges for Servicers

July 10, 2024
James Dohnert
Investors act differently than owner-occupants in terms of servicing-related decisions.
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SFA Sees Non-Agency Threat in Freddie’s CES Pilot

July 9, 2024
James Dohnert
The non-agency securitization market for closed-end seconds has grown substantially in the past year as lenders look to expand their product offerings with refinance business limited.
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Short Takes: FHLBank of Chicago Accepts VantageScore / The Reason for Rate’s Rebrand / New Scratch-and-Dent MBS

July 9, 2024
Brandon Ivey
Members of the FHLBank of Chicago can pledge collateral to the bank with VantageScore credit scores rather than the traditional FICO score.
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Non-Agency Securitization Marks a Gain. However…

July 8, 2024
James Dohnert
JPMorgan Chase, once again, was the top non-agency MBS issuer in the quarter...
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Bain Jumps Into the Fix-n-Flip Market With Acquisition

July 8, 2024
Paul Muolo
A few months back, Bain bought a stake in two different mortgage software companies...
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Short Takes: Pending Home Sales Decline / PennyMac Adds MSR Financing / New Expanded-Credit MBS / Translations of FHA Servicing Documents

July 5, 2024
Brandon Ivey
Pending home sales in June declined on an annual basis at a rate not seen in four months.
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Nonprime Servicing Portfolios Tick Up in First Quarter

June 27, 2024
James Dohnert
Chase was the only servicer among the top five to have its nonprime mortgage servicing portfolio shrink between the fourth and the first quarters.
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Short Takes: New-Home Sales Decline in May / Drayne to Join HPC / Big Banks Pass Stress Test / Non-QM Impairments Decline

June 27, 2024
Brandon Ivey
New-home sales declined by 11.3% in May.
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MBS Backed by RTLs See Strong Investor Demand

June 26, 2024
James Dohnert
A new rating methodology boosts investor interest in fix-and-flip securitizations.
Read More
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Latest Imf News

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