Onity Boosts Profits in 2024 February 13, 2025 James Dohnert Onity's profits nearly doubled in 2024 despite losses in the fourth quarter.Read More
Short Takes: Homebuyers Increasingly Turning to AI / Sellers Cutting Prices to Woo Buyers / Chase Plans Jumbo MBS / Rocket Preps MBS of CES Loans February 13, 2025 James Dohnert One in three homebuyers are using artificial intelligence tools at some point during the process.Read More
Aided by Flagstar Purchase, Strong 4Q Showing for Mr. Cooper February 12, 2025 Paul Muolo Mr. Cooper originated $9.3 billion of residential loans in the fourth quarter, a 37% sequential improvement.Read More
RTL Lenders Cautiously Optimistic Heading Into New Year February 12, 2025 James Dohnert Investor loan origination volume bucked seasonal trends in December, prompting optimism for 2025.Read More
RE/Tech Firm Launches Crypto-Backed Mortgage February 11, 2025 James Dohnert The loan can be underwritten using Bitcoin or Ethereum as collateral.Read More
A Trend or a Blip: Banks Exiting Mortgages February 11, 2025 Paul Muolo Some have suggested that WaFd may be for sale and closed its mortgage unit in an effort to simplify its balance sheet.Read More
State Regulators Expected to Step Up Enforcement February 7, 2025 James Dohnert Before he left the bureau, former CFPB Director Rohit Chopra issued guidance for states about enforcing regulation of unfair, deceptive or abusive acts or practices.Read More
Locks for Purchase Mortgages Steady in February February 7, 2025 Brandon Ivey Many potential mortgage borrowers are coming to the realization that interest rates may be done declining.Read More
Short Takes: Strong Jobs Report / Newrez IPO Update / Radian Shifts With Non-Agency MBS / Ellington Turns to Mr. Cooper for CES February 7, 2025 Brandon Ivey MBA’s forecast is that the Fed will make at most one more cut this cycle.Read More
GSE Volume Down in South, Southwest in 2024 February 6, 2025 Dennis Hollier GSE deliveries declined in just four states on an annual basis in 2024.Read More