DPA for FHA Purchase Loans Remains High January 6, 2025 Monica Hogan Gift funds from family accounted for more than half of DPA used by FHA borrowers in FY 2024.Read More
Brokers Gain Some Share in FHA/VA Lending in 3Q January 2, 2025 Brandon Ivey The increase in broker originations was largely driven by two lenders: United Wholesale Mortgage and PennyMac Financial.Read More
A Risky Proposition: 2024 VA Rate-and-Term Refis December 30, 2024 Monica Hogan ICE: The average rate-and-term refinancer had their previous mortgage for just 15 months prior to refinancing...Read More
Short Takes: Housing Supply on the Rise / Mortgages in Forbearance Up / Rates Need to Decrease More to Encourage Refi Wave December 27, 2024 James Dohnert Housing supply is up 12% year-over-year.Read More
HECM Lending Flat in 3Q, Down 12% YTD December 23, 2024 Brandon Ivey Among the top 50 producers, all but one are nonbanks.Read More
Short Takes: A Season for Spinoffs? / The Odds? / The 10-Year / Some Last Minute MSR Deals / The Singing Fed Chief / In Retirement / A Publishing Break December 23, 2024 Paul Muolo A dead MSR sales market? Not quite. Phoenix Capital just wrapped up a $2.4 billion auction of Fannie Mae/Freddie Mac servicing rights.Read More
EBO Investor Wins Large Judgment Against Mr. Cooper December 12, 2024 Brandon Ivey An affiliate of Proprietary Capital prevailed in a lawsuit against Mr. Cooper Group.Read More
Cardinal Issues Small VA MBS Pool Underwritten With FICO 10 T December 6, 2024 Monica Hogan Cardinal started originating VA loans using 10 T scores in October.Read More
Conforming-Jumbo Business Grows in Third Quarter December 3, 2024 Brandon Ivey In the third quarter, conforming jumbos accounted for 5.4% of total agency business.Read More
Freedom CEO Isn't Worried About a Trump-Effect on FHA, VA November 27, 2024 Monica Hogan Freedom owner and CEO Stanley Middleman said the approach for FHA and VA under Trump should be “If it’s not broken, why fix it?”Read More
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