Ginnie Issuance Slows in First Quarter April 17, 2024 Monica Hogan Refi volume delivered to Ginnie spiked in the first quarter while purchase-mortgage activity declined.Read More
Freddie Asks for Permission to Acquire Second Liens April 17, 2024 Dennis Hollier Because this would technically be a new product, it’s subject to FHFA approval and requires a 30-day public notice period.Read More
Originations Steady at U.S. Bank in First Quarter April 17, 2024 Brandon Ivey U.S. Bank originated $7.13 billion of mortgages in the first quarter.Read More
Better Works With Fannie to Remain Eligible to Sell Loans April 17, 2024 Paul Muolo Better couldn’t meet Fannie’s financial eligibility requirements due to a “decline in profitability and material decline in net worth.”Read More
Short Takes: Applications Increase / HPA Accelerates / Fannie Selling RPLs / Another CES Securitization From Rocket April 17, 2024 Brandon Ivey Applications increased even as interest rates rose.Read More