Grapevine: Value in Escrows; Trigger Lead for a Nine-Year-Old May 15, 2025 Brandon Ivey MSR investors see risks and benefits in rising costs for property taxes and insurance; child receives offer from mortgage lender.Read More
Angel Oak REIT Plans $40 Million Debt Offering May 15, 2025 Brandon Ivey Proceeds from the offering could be used for investments in non-qualified mortgages and other assets.Read More
Republicans Look to Boost Production of Manufactured Housing May 15, 2025 Brandon Ivey “In many areas of our nation, starter homes simply do not exist at an affordable price,” said Rep. John Rose, R-TN.Read More
Short Takes: Strong Demand for HELOC Securitization / New Prime Non-Agency MBS / Annaly Increasing Expanded-Credit MBS Issuance May 15, 2025 Brandon Ivey Angel Oak Capital Advisors' first HELOC securitization was six times oversubscribed.Read More
Conventional-Conforming Denial Rate Steady in 2024 May 14, 2025 Brandon Ivey Just under 14% of applications for conventional-conforming mortgages submitted in 2024 were denied.Read More
Treasury Working Toward Reducing Regulations for Banks May 14, 2025 Brandon Ivey The Treasury plans to coordinate de-regulation through the Financial Stability Oversight Council.Read More
Redwood Unit to Issue Securitization With Fix-and-Flip Loans May 14, 2025 Brandon Ivey CoreVest has issued four similar deals, most recently a $300.0 million issuance in November.Read More
Short Takes: Pulte Expects Housing Boom / Gifts for UWM Employees / Applications Steady / Lender Acquires Real Estate Portal May 14, 2025 Brandon Ivey Trump administration policies will lead to a housing boom, according to Bill Pulte, director of the Federal Housing Finance Agency.Read More
Better Reduces Losses in First Quarter May 13, 2025 Brandon Ivey The lender funded $868 million of volume in the first quarter, down 7.3% from the previous quarter.Read More
Tax Legislation in House Caps Mortgage Interest Deduction May 13, 2025 Brandon Ivey The bill would keep the limit on the mortgage interest deduction at $750,000.Read More