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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.
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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.
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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.
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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.
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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.
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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.
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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.
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UWM Not Looking to Grow via Acquisitions

May 7, 2025
Brandon Ivey
UWM is investing in tech rather than looking to acquire mortgage companies.
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Short Takes: First American Fires CEO / Home Price Expectations Come Down / Fannie to Issue CRT Deal

April 15, 2025
Brandon Ivey
Ken DeGiorgio, the now-former CEO of First American Financial, is facing a federal assault charge for an altercation that occurred on a cruise ship in late March.
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Short Takes: Mortgage Locks Increase in March / Silver Lining in Stock Losses / UWM Using Google AI Tools / Insurance Company Acquisition

April 8, 2025
Brandon Ivey
Locks for mortgages increased by 17.1% on a monthly basis in March.
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