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loanDepot Preps Warehouse Securitization

September 20, 2024
Brandon Ivey
It will be the 10th warehouse securitization from loanDepot.
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Short Takes: Affordability Still an Issue / Housing Starts Increase / Some Variation in Early Loan-Limit Moves / Home Price Appreciation Slows

September 19, 2024
Brandon Ivey
“The real issue with housing is that we have had — and are on track to continue to have — not enough housing,” said Fed Chair Jerome Powell.
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Short Takes: The (Fed) Waiting is the Hardest Part / The State of MSR Sales / Sterling Strikes Deal With EverBank / A Trump Plan for the GSEs?

September 16, 2024
Paul Muolo and James Dohnert
A Trump plan for resolution of the GSEs? Sounds like it...
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Short Takes: Rates Down More Than 50 BP Since August / 2025 Loan Limits / Modernizing Housing Counseling / GSE Reform Possible by 2027?

September 13, 2024
Brandon Ivey
The average interest rate on a 30-year fixed-rate mortgage declined to 6.20% this week, according to Freddie Mac.
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Refi Volume Ramps Up in Agency MBS Market

September 12, 2024
John Bancroft
Purchase-money mortgages accounted for 82.5% of agency MBS issuance during August, though the refinance share is growing.
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Lenders Advised to Work on GSE Credit Score Transition

September 12, 2024
Dennis Hollier
Previous industry changes — the Uniform Mortgage Data Program, the single security initiative and the transition away from the London Interbank Offered Rate — took longer than expected to put into place and caught some stakeholders flat-footed.
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Basel III Re-Proposal to Include Concessions to Mortgage Industry

September 10, 2024
Dennis Hollier
The Federal Reserve responds to industry criticism by back-pedalling on some of the more aggressive capital requirements in the proposal.
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GSE Issuance Spikes in August, But…

September 9, 2024
Dennis Hollier
GSE securitizations by Chase soared during August.
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Short Takes: MBA Expects Rate Cut / Homebuyers Waiting for 5% Rates / OCMBC Acquires HomeStar / Home Price Growth Expected to Decelerate

September 6, 2024
James Dohnert
A cooling job market is good news for the prospect of interest rate cuts.
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Fannie Mae Renews Lease on DC Headquarters, Nixes Plan to Move

August 29, 2024
Dennis Hollier
While the GSE said in January that it planned to move its headquarters five years ahead of schedule, it will now remain in the property, but only occupy about half as much space.
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Latest Imf News

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