Short Takes: Home Prices Increase / Large Loss for AGNC / Profits Increase at Two Harbors / New President at Cenlar October 31, 2023 Brandon Ivey Prices were up 5.6% on an annual basis in August, according to FHFA.Read More
Underwriting on Fannie/Freddie Loans Tightens in 3Q23 October 30, 2023 Brandon Ivey Underwriting trends largely held steady for refis in the third quarter...Read More
Homestar Undecided on Fate of ‘Other’ Assets October 30, 2023 Paul Muolo In 2022, Homestar originated $2.5 billion in residential loans...Read More
Originations Down in 3Q, Trends at Top Lenders Vary October 27, 2023 John Bancroft Mortgage originations declined by an estimated 3.8% in the third quarter on a sequential basis.Read More
PennyMac Turns Profits on Originations, Servicing in 3Q October 27, 2023 Brandon Ivey Net income at PennyMac Financial Services increased in the third quarter thanks to the nonbank's servicing portfolio.Read More
Moves by Banks Heavily Influencing Securitization Market October 27, 2023 Brandon Ivey Sales of agency MBS holdings by banks are driving prices down, a reduction in portfolio lending by banks is helping to spur ABS issuance and the CMBS market is waiting for banks to take write-downs on commercial loans.Read More
FHA Working to Help on Housing Affordability October 27, 2023 Monica Hogan Priorities at FHA include facilitating loan assumptions and originations of small-balance mortgages.Read More
Short Takes: Rate Forecast Revised / Key Bank Offering Manufactured Home Financing / New Jumbo MBS / House Panel Looking at Insurance Costs October 27, 2023 Brandon Ivey "Higher for longer" is beginning to sink in.Read More
Buyback Relief From FHFA Might Not Amount to Much October 26, 2023 Dennis Hollier Fannie Mae was still providing COVID relief to $61.98 billion in loans at the end of the third quarter.Read More
Rithm Stays Profitable in Third Quarter October 26, 2023 James Dohnert Rithm Capital posts a profit in the third quarter as it prepares for the acquisition of Specialized Loan Servicing early next year.Read More
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