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
Short Takes: CRT From Freddie / FHA Turns to AI / Point Boosts HEI Securitization / PRMG Partners on Credit Card May 13, 2025 Brandon Ivey Freddie Mac is marketing a $529.00 million CRT deal.Read More
Redwood Selling Older Jumbos From Banks in MBS May 12, 2025 Brandon Ivey The bulk of the loans in the MBS are from Associated Bank.Read More
Short Takes: Non-Agency Delinquencies Decline / CES Securitization From Rocket / Deed Theft Prosecution May 12, 2025 Brandon Ivey Delinquencies on loans in non-agency mortgage-backed securities declined on a monthly basis in April.Read More
Sharp Differences in Outlook for Interest Rates May 9, 2025 Brandon Ivey Economists at the MBA don’t think interest rates on mortgages will decline much this year. Economists at Fannie Mae project a sizeable drop.Read More
Grapevine: Recapture Concerns; Rocket Eases Fitch’s Fears May 9, 2025 Brandon Ivey Rosy recapture-rate projections prompt some pushback; Fitch removes Rocket from downgrade watch; PennyMac upsizes debt offering; MISMO seeking comments.Read More
Private Mortgage Insurance Activity Declines in 1Q May 9, 2025 Brandon Ivey Private MI volume in GSE MBS issuance in the first quarter of 2025 was down 20.4% from the previous quarter.Read More