HECM Lending Flat in 3Q, Down 12% YTD December 23, 2024 Brandon Ivey Among the top 50 producers, all but one are nonbanks.Read More
Warehouse Financiers Hungry for Warehouse Credits December 23, 2024 Paul Muolo Western Alliance Bancorp, Phoenix, appears to be one of the largest lenders in the space.Read More
FHFA Releases 2025 Scorecard, Wants More Help for FTHBs December 23, 2024 Dennis Hollier The new scorecard highlights modest changes in the regulator's priorities for the GSEs.Read More
Arizona Non-QM Lender Reenters the Correspondent Arena December 23, 2024 James Dohnert Oaktree decided to focus on non-agency products to provide correspondents with loans they may not already have in their toolbox.Read More
Short Takes: A Season for Spinoffs? / The Odds? / The 10-Year / Some Last Minute MSR Deals / The Singing Fed Chief / In Retirement / A Publishing Break December 23, 2024 Paul Muolo A dead MSR sales market? Not quite. Phoenix Capital just wrapped up a $2.4 billion auction of Fannie Mae/Freddie Mac servicing rights.Read More
Home Equity Loan Originations Level in Third Quarter December 20, 2024 Brandon Ivey Bank of America remained the top originator of home equity loans in the third quarter.Read More
FHFA's Housing Goals for GSEs More Lenient December 20, 2024 Dennis Hollier Lenders supported the regulator’s decision to lower some of the goals from the 2022-2024 rule.Read More
Capital Requirements a Factor in Fannie’s Declining Market Share December 20, 2024 Dennis Hollier Because Fannie’s book of business is by far the larger, it’s more impacted by the stability capital buffer than Freddie.Read More
Lennar Sees Minimal Impact From Tariffs, Uncertainty on Immigration December 20, 2024 Brandon Ivey Jon Jaffe, co-CEO and president of Lennar, noted that the firm took steps during the previous Trump administration to reduce the impact of tariffs.Read More
Short Takes: Government Shutdown Impact / Existing-Home Sales Increase / Baby Boomers and Home Equity / Ginnie Senior Leader Retiring December 20, 2024 Brandon Ivey Among many other issues, the shutdown would pause authorization for new flood insurance policies under the National Flood Insurance Program, potentially impacting home sales.Read More