Brokers Gain Nonconforming Market Share in 1Q June 25, 2024 Brandon Ivey A big boost in UWM's originations led to an increase in the broker share of the nonconforming market in the first quarter of 2024.Read More
Housing Prices at All-Time High Heading Into Summer June 25, 2024 James Dohnert The National Home Price Index gained 6.3% in April on an annual basis.Read More
HEL Lenders Innovate for Secondary Market June 25, 2024 James Dohnert Changes in underwriting standards for non-QM loans are a slippery slope, according to investors.Read More
1Q24 HECM Production the Weakest in Years June 24, 2024 Monica Hogan HECM lending hasn't been this low since before the COVID-19 pandemic...Read More
FHFA Approves Freddie Second-Lien Pilot but With Strict Limits June 24, 2024 Brandon Ivey Keefe, Bruyette & Woods analyst Bose George said, "Given the modest scale of the announced pilot program, there should be no meaningful impact on the mortgage market."Read More
Home Equity Lending Declines in First Quarter June 21, 2024 Brandon Ivey Many of the top depository institutions reduced their production in the first quarter.Read More
Regulators Set New Standards for the Use of AVMs June 21, 2024 Shannon Clark The rule has been in the works for 14 years.Read More
Fannie Economists Revise Rate-Cut Expectations June 21, 2024 Brandon Ivey Fannie economists now only expect one rate cut by the Fed this year, possibly in December.Read More
Short Takes: Delinquencies Down, Prepayments Up / FHFA Seeks Input on FHLBank Affordable Housing Program / CHLA Calls for Mortgage Interest Credit / HELOCs From CMG in New MBS June 21, 2024 Brandon Ivey The mortgage delinquency rate declined to 3.04% as of the end of May, down from 3.09% at the end of April, according to Intercontinental Exchange.Read More
GSE MBS Issuance Increases in May, Led by Freddie June 20, 2024 Namrata Bhatia Freddie saw the bigger monthly increase in MBS output, up 9.4% from April. Business was up 6.3% at Fannie.Read More
RSS