The Trump administration is taking a much more friendly stance on crypto than the Biden administration.

Holdings are shrinking at two megabanks: JPMorgan Chase and Wells Fargo.

While first-lien mortgage holdings at banks grew only slightly during the fourth quarter, the mix included more adjustable-rate mortgages than in recent quarters. (Includes data table.)

Explosive growth in business-purpose production at an affiliated originator helped Rithm turn a profit in the fourth quarter.

The firm now handles an estimated 11.0% of the jumbo servicing market. (Includes data table.)

Although it booked a loss in the fourth-quarter, MFA believes a variety of management changes at its business-purpose affiliate lender will boost originations in 2025.

The firm has been restructuring its portfolio since 2022 with the goal of producing “durable” earnings.

Redwood has grown its bank partnerships over the last couple of years to prepare for a market in which depositories want to move away from mortgage lending.

A friendlier stance towards cryptocurrency companies from the White House could boost crypto-backed mortgages in the coming years.

Leading home equity investment companies have formed a new organization to advocate for appropriate regulations.