March 28, 2025By Brandon IveyBusiness-Purpose Lender Sachem Struggles in 2024Sachem's expenses spiked in 2024, including a $26.9 million provision for credit losses on loans held for investment.
March 28, 2025By Brandon IveyShort Takes: Fannie Expects Lower Rates / FHFA Deems Climate Risk a ‘Transverse Risk’ / Pending Home Sales Decline / Affordable Homeownership a Focus for OCCFannie Mae projects that the average interest rate for a 30-year fixed-rate mortgage will fall to 6.3% by the end of 2025.
March 27, 2025By Brandon IveyShort Takes: NAMB Frustrated by FHFA Move on SPCPs / Some Momentum for Spring Homebuying / Delinquencies Expected to Rise / S&P Expects One Rate Cut“These programs have served as critical tools in expanding access to affordable homeownership, particularly for first-time and low- to moderate-income homebuyers,” NAMB said of special purpose credit programs at the GSEs.
March 26, 2025By Brandon IveyShort Takes: FHFA Policy Announcements Via X / New Home Sales Increase / New Non-QM Lender
March 25, 2025By Brandon IveyShort Takes: Home Price Appreciation Slows / Expanded-Credit MBS Issuance / BSI Subservicing HELOCs / CoreLogic Now Cotality