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Short Takes: Pace of Home Sales Slows / Vendors Integrate With Fannie Mae’s Loan Pricing API / HELOC Securitization From Achieve / New MBS With LIBOR Exposure

March 14, 2025
Brandon Ivey
Homes for sale that went under contract in February were on the market for an average of 54 days, the longest period for any February since 2020, according to Redfin.
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Short Takes: Warren Frustrated by McKernan, Pulte / Figure’s eNote Registry Growing / Pennymac Sponsoring Team USA / LendingTree’s Mortgage Profits Increase

March 6, 2025
Brandon Ivey
Sen. Elizabeth Warren, D-MA, said responses to her questions from both Jonathan McKernan, nominee to lead the CFPB, and Bill Pulte, nominee to lead the FHFA, were disqualifying.
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Short Takes: CRT Issuance From Fannie / Mixed Trends in Non-QM Performance / FICO Mortgage Simulator / Home Improvement Financing

March 4, 2025
Brandon Ivey
Fannie Mae is set to issue a credit risk transfer deal tied to a pool of mortgages with an unpaid principal balance of $17.0 billion.
Read More

Short Takes: Cost of Rocket’s Rebrand / Figure Forms Joint Venture With Sixth Street / Pending Home Sales Decline / Losses Narrow at Blend

February 28, 2025
Brandon Ivey
The rebrand included an ad during the Super Bowl.
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Crypto Usage in Real Estate Could See Boost From Trump

February 27, 2025
James Dohnert
The Trump administration is taking a much more friendly stance on crypto than the Biden administration.
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Short Takes: Real Estate Wire Fraud a Growing Concern / MBA Applauds CFPB Director Pick / CFPB Cuts 100 / Home Listings on the Rise, Demand on the Decline / Consumers Struggling to Pay Off Debts

February 14, 2025
James Dohnert
Consumers say they are willing to pay extra for more secure real estate transactions.
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Short Takes: Homebuyers Increasingly Turning to AI / Sellers Cutting Prices to Woo Buyers / Chase Plans Jumbo MBS / Rocket Preps MBS of CES Loans

February 13, 2025
James Dohnert
One in three homebuyers are using artificial intelligence tools at some point during the process.
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RE/Tech Firm Launches Crypto-Backed Mortgage

February 11, 2025
James Dohnert
The loan can be underwritten using Bitcoin or Ethereum as collateral.
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No Relief From Rising Cyberattack Insurance Premiums

February 10, 2025
Paul Muolo
One official complained both about the cyberattack premiums and the ceiling on any payouts.
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Short Takes: Turner Confirmed as HUD Leader / Non-Delegated Program at PennyMac / Mortgage-Tech Losses Pile Up at ICE / loanDepot Partners With Homebuilder

February 6, 2025
Brandon Ivey
Scott Turner's nomination to lead HUD was approved by the Senate on a 55-44 vote.
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