Short Takes: Sales of New Homes Slow / HUD Headquarters to Move / Pulte and Crypto June 26, 2025 Brandon Ivey and Dennis Hollier Sales of new single-family homes declined by 13.7% on a monthly basis in May.Read More
Servicing Levels Rising for Mortgages at Ginnie, Nonbanks June 20, 2025 Brandon Ivey The largest servicing gains in the past year were in servicing for Ginnie Mae, whole loans at nonbanks and in non-agency mortgage-backed securities.Read More
A&D Continuing Flagstar Correspondent Unit’s FHA Offerings June 16, 2025 Emmeline Willey A&D recently acquired the unit from Mr. Cooper Group.Read More
Short Takes: Ginnie Offers New Avenue on Buydowns / Democrats Frustrated With Fed’s Removal of Asset Cap on Wells / Large Expanded-Credit MBS From Ares / eHELOC Standard June 6, 2025 Brandon Ivey Beginning June 16, custom single-family pools in the Ginnie II program won’t be subject to the 10% concentration limit on mortgages with buydowns.Read More
VA Denial Rate Declines Amid Surge in Applications June 5, 2025 Emmeline Willey Lenders turned down 24.5% of VA refi applications in 2024, compared with 37.3% in the previous year.Read More
Short Takes: Bowman Confirmed in Fed Role / Pulte’s ‘Interesting’ Meetings / A&D Expands FHA Offerings / New Prime Non-Agency MBS June 5, 2025 Brandon Ivey The confirmation of Michelle Bowman as vice chair for supervision at the Fed could prompt the Fed to begin to make regulatory changes.Read More
Ginnie, FHA Officials Eye Rising FHA Delinquencies June 3, 2025 Emmeline Willey Delinquencies on FHA mortgages have crept higher since recovering from the pandemic.Read More
Short Takes: UWM Offering FHA, VA ARMs / Provident Sending GSE-Eligible Mortgages to Non-Agency MBS / Chase Revives Higher-LTV-Ratio Jumbo MBS Shelf / Few Homebuyers May 29, 2025 Brandon Ivey ARMs accounted for less than 1% of total FHA originations in 2024.Read More
Short Takes: CRT From Freddie / FHA Turns to AI / Point Boosts HEI Securitization / PRMG Partners on Credit Card May 13, 2025 Brandon Ivey Freddie Mac is marketing a $529.00 million CRT deal.Read More
MBS Investors Seek Further Buydown Limitations From Ginnie May 9, 2025 Emmeline Willey Ginnie MBS investors continue to have concerns about mortgages with permanent buydowns.Read More