April 11, 2025

MSR Sales Slow in 1Q, Onslow Bay Tops Buyers

While several top buyers of bulk MSR focused on high-coupon servicing from which they can harvest refinance business, the first quarter’s top buyer was mostly interested in prepay-protected lower-rate MSR. (Includes three data tables.) Read More

Borrowers Getting Used to Higher Interest Rates

Demand from borrowers increases when mortgage rates fall below 6.5%, according to Owen Lee, CEO of Success Mortgage Partners. Due to policies from the Trump administration, it’s unclear whether rates will decline to that level in the near term. Read More

Delinquency Rate on Agency MBS Down in First Quarter

In a seasonal trend seen each of the past five years, the delinquency rate declined on securitized government-sponsored enterprise loans, FHA mortgages and Department of Veterans Affairs home loans. (Includes data table.) Read More

Trigger Lead Ban Back on Menu in Congress

Parallel bills were introduced this week in what policymakers and lenders hope will be a final bipartisan push to tighten restrictions on the abusive use of credit trigger leads. Read More

Rocket’s Leverage Expected to Increase With Mr. Cooper

Fitch Ratings warned that it could downgrade its corporate rating on Rocket following the company’s planned acquisition of Mr. Cooper. Rocket’s corporate leverage looks poised to increase. Read More

Home Prices Cool as More Inventory Hits the Market

An increase in housing supply has helped increase options for buyers, limiting home price appreciation. Read More

Fannie Touts AI Tool for Quality Control

Fannie’s AI-powered Ask Poli allows quality control personnel to identify frequently researched topics, both within and outside their organization, as a way to forecast current or future loan defects. Read More

Grapevine: Tax Benefits for Rocket’s Dan Gilbert; Another Chance for RON

The founder of Rocket Companies could see $571.9 million in tax benefits triggered by the company’s planned acquisition of Mr. Cooper; legislation in the House would set standards for remote online notarization; new company offering NMLS-approved education. Read More

Inside Mortgage Trends

View Archived Issues

MSR Sales Slow in 1Q, Onslow Bay Tops Buyers

Borrowers Getting Used to Higher Interest Rates

Delinquency Rate on Agency MBS Down in First Quarter

Trigger Lead Ban Back on Menu in Congress

Rocket’s Leverage Expected to Increase With Mr. Cooper

Home Prices Cool as More Inventory Hits the Market

Fannie Touts AI Tool for Quality Control

Grapevine: Tax Benefits for Rocket’s Dan Gilbert; Another Chance for RON

Latest Imf News

Agency Jumbo Volume Holds Steady in Third Quarter

Housing Bill With Bipartisan Support Introduced in House

Fannie Mae’s MBS Holdings Increase Again in November

Trump Admin Reorients FSOC to Growth and De-Regulation

Featured Data

Non-Agency Jumbo Originations Slow in Third Quarter

Jumbo Servicing Volume Slightly Down in Third Quarter

Refis Lift Agency MBS to Three-Year High in November

Broker Channel Regains Some Share in Third Quarter

Featured Reports

Lender Profiles 2Q25: Top 25 (PDF)

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Mortgage Profitability Report 2Q25 (PDF)

IMF HMDA Dashboard: 2024

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?

Inside Mortgage Trends

April 11, 2025

Download Files:

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