Brandon Ivey

Better Takes Loss in Second Quarter, Expects More Losses

August 7, 2025

Officials at Better project that the nonbank will continue to take losses with a goal of breaking even by the end of the third quarter of 2026.

Short Takes: UWM Pushing Refis / Zillow Boosts its Originations / Freddie Expands Financing for Manufactured Homes / Former Change Lending CEO Heads to Patriot Bank

August 7, 2025

Brandon Ivey

UWM's refi incentive is scheduled to be available through Sept. 16.

Refi Business Perks Up With Brief Decline in Interest Rates

August 6, 2025

Brandon Ivey

Locks for rate-term refinances increased by 5.4% on a monthly basis in July.

Profits Decline Somewhat at MFA Financial in 2Q

August 6, 2025

Brandon Ivey

The real estate investment trust focuses on acquiring non-qualified mortgages and originating business-purpose loans.

Income Drops at Chimera Investment in Second Quarter

August 6, 2025

Brandon Ivey

The firm plans to be a programmatic issuer of expanded-credit mortgage-backed securities following the acquisition of HomeXpress.

Short Takes: Florida Faces Pressure on Home Prices / Pulled Listings of Homes at Record Levels / Agency MBS REIT Raising Funds / FHFA Increases Cap on GSE LIHTC Investments

August 6, 2025

Brandon Ivey

The top five markets with a “very high risk” of home price declines are all in Florida, according to Cotality.

Short Takes: Blackstone Selling its Stake in Finance of America to FoA / Demand for Mortgages Declines / Santander Boosts Expanded-Credit MBS Issuance / Rithm to Acquire Home Improvement Loans

August 5, 2025

Brandon Ivey

FoA will fund the purchase of Blackstone's stake in the reverse-mortgage lender with a convertible debt facility.

Large Servicers See Portfolios Shrink in Second Quarter

August 1, 2025

Brandon Ivey

Market share for the top five firms in owned servicing slipped from 39.5% of the top-50 market at the end of March to 39.2% as of the end of June.

Rocket Returns to Profitability in Second Quarter

August 1, 2025

Brandon Ivey

In July, Rocket “restructured” general and administrative teams that supported the firm’s mortgage lending, citing investments in technology.

Shift Away From Tri-Merge Credit Score Process Could Be in the Works

August 1, 2025

Brandon Ivey

"The work on this has picked up significantly in recent weeks," according to Bob Broeksmit, president and CEO of the MBA.

Brandon Ivey

ARTICLES

Better Takes Loss in Second Quarter, Expects More Losses

Short Takes: UWM Pushing Refis / Zillow Boosts its Originations / Freddie Expands Financing for Manufactured Homes / Former Change Lending CEO Heads to Patriot Bank

Refi Business Perks Up With Brief Decline in Interest Rates

Profits Decline Somewhat at MFA Financial in 2Q

Income Drops at Chimera Investment in Second Quarter

Short Takes: Florida Faces Pressure on Home Prices / Pulled Listings of Homes at Record Levels / Agency MBS REIT Raising Funds / FHFA Increases Cap on GSE LIHTC Investments

Short Takes: Blackstone Selling its Stake in Finance of America to FoA / Demand for Mortgages Declines / Santander Boosts Expanded-Credit MBS Issuance / Rithm to Acquire Home Improvement Loans

Large Servicers See Portfolios Shrink in Second Quarter

Rocket Returns to Profitability in Second Quarter

Shift Away From Tri-Merge Credit Score Process Could Be in the Works

Latest Imf News

VA Getting Closer to Launching Partial Claim Program

GSEs’ Mortgage Holdings Increase by 26% in Fourth Quarter

Homebuilder Confidence Declines, Affordability Issues Persist

MFA Financial Increases Income in Fourth Quarter

Featured Data

FHA Delinquencies Rise to Pandemic Levels

Expanded-Credit MBS Issuance Slows in 4Q

New Nonbank Servicing Giant Emerges in Fourth Quarter

January Ushers In New Year With Modest Gain in MBS

Featured Reports

Mortgage Profitability Report 3Q25 (PDF)

Mortgage Servicing Rights Report: 3Q25 (PDF)

IMF Mortgage Directory: Full interactive database

Agency Seller-Issuer Profile: 3Q25 (PDF)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?