Short Takes: Home Price Appreciation Levels Off / Fitch Affirms Ratings on GSEs / Fitch Neutral on eNote in Non-Agency MBS / PHH Turns to Blend to Help With Recapture June 17, 2025 Brandon Ivey Annual home price appreciation slowed to 2.1% in May, the lowest level seen since March 2012.Read More
eNote Usage Expected to Increase in Coming Years June 11, 2025 Brandon Ivey According to MERS, currently 267 lenders, 29 servicers and 12 subservicers use eNotes.Read More
Short Takes: OCC Holds Firm on Preemption / Solar Securitizations Downgraded / Better Hires Former FHFA Tech Leader / Angel Oak Picks Up the Pace With MBS June 10, 2025 Brandon Ivey The OCC said its current stance on preemption is in line with the Dodd-Frank Act and Supreme Court precedent.Read More
Non-QM Lenders Looking for a Boost From AI June 6, 2025 Abby Zimmardi In nearly every session at the Non-QM Forum Thursday, panelists made it a point to mention artificial intelligence and the benefits of using the technology in the non-QM space.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
Voxtur Seeing Interest Amid Strategic Review June 5, 2025 Brandon Ivey The mortgage tech vendor has been operating with a “going concern” warning for more than a year.Read More
Fannie Partners With Palantir to Check Multifamily Fraud May 28, 2025 Dennis Hollier Crime detection technology created by Palantir will be used to sniff out instances of mortgage fraud in Fannie's multifamily business.Read More
Short Takes: FHFA to Take Action on Credit Report Costs / Purchase-Mortgage Applications Increase Despite Headwinds / MISMO Model Backward Compatible / Prepayment Rates on Non-QMs Increase May 28, 2025 Brandon Ivey FHFA will make “some decisions” regarding credit score costs shortly, according to Bill Pulte.Read More
Short Takes: Freddie Updates LPA / UWM Launches New Tech / Foreclosures Steady in April / Homebuilder Confidence Wavers May 16, 2025 Brandon Ivey Freddie is touting the use of machine learning in LPA and cost savings for lenders.Read More
UWM Not Looking to Grow via Acquisitions May 7, 2025 Brandon Ivey UWM is investing in tech rather than looking to acquire mortgage companies.Read More