What early mortgage feedback has been like for Basel
As the capital rule's comment period closes, some experts express concern about proposed changes that may impact nonbanks reliant on warehouse financing.
Mortgages
Investor home purchase activity falls by over 20% in 1Q
The decline in non-owner occupied acquisitions came as sales fell overall due to high mortgage rates and bad winter weather in the Northeast, BatchData said.
Multifamily homes drive ACRE Credit’s $893 million CLO
All the loans are interest-only during both their initial and extension terms, but third-party secured overnight financing rate (SOFR) cap agreements provide interest rate protection.
Rocket, Fannie and Freddie downgraded to neutral by BTIG
Rithm and UWM Holdings are the favorite names among publicly traded lenders, while BTIG adds coverage of Better Home & Finance at a buy rating.
Freddie Mac adds optional amendment for mod agreements
The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
Mortgage rates resume rise on jobs, inflation data
For the fifth time in the past seven weeks, mortgage rates moved higher, Freddie Mac reported, as consumer prices keep rising due to the Iran conflict.
Inflation fears push some economists to expect rate hike
Over three-quarters of the Wolters Kluwer Blue Chip Economic Indicators panel said the FOMC will ease eventually, but a growing number are now expecting a hike.
Americans pull $47 billion in equity from their homes in 1Q
Approximately 54% of homeowners looked to a second lien product to access their home's stored value in the first quarter due to the "lock-in effect."
FHA commissioner Frank Cassidy resigns from post
The announcement follows a leave of absence in which Ginnie Mae President Joe Gormley helped cover the Federal Housing Admission Commissioner's responsibilities.
A majority of Americans admit to growing financial stress
More than half of consumers worry about money daily, despite improved budgeting habits and, according to a Ramsey Solutions survey, declining mortgage concerns.
Fannie, Freddie shares dip as Pulte’s added role raises questions
Analysts said Bill Pulte's new additional role as spy chief will further delay GSE privatization efforts, although that could change if he formally departed.
Fannie leads portfolio growth but Freddie ahead in acquisitions
The retained portfolios' latest record monthly number puts Fannie Mae in front while Freddie Mac has held onto a lead in quarterly single-family loan purchases.
Bond trader bets on Fed hike poised for gut check from jobs data
Beyond developments in the Middle East, a big focus will be Friday's release of monthly employment figures, which are projected to show the labor market remained resilient in May.
Mortgage rates rise again as bond market reacts to inflation
Market wonderment over inflation data and a possible halt to the Iran conflict resulted in what some trackers found to be a sideways week for mortgage rates.
Securitization standards evolve for mortgages, home equity
Certain private-label securities may get a lower risk weighting for bank capital and separately, second liens have new uniform guidelines for TRID.
Why servicing is so important to mortgage originators now
The latest acquisition activity points to the importance of decisions lenders make regarding their MSRs in 2026 and some considerations unique to each company.
The non-agency market is bigger than you think
Lenders at the MBA conference say non-agency is more than just non-QM — and those still treating it as a niche product are falling behind as it becomes a core part of the business.
Two Harbors postpones CrossCountry acquisition vote
The delay preserves a lifeline for competing bidder United Wholesale Mortgage, which previously reached an agreement to acquire the servicer last year.
Ginnie Mae foresees a day when FHA waterfall impacts end
Department of Housing and Urban Development officials indicated that there are improvements in some delinquency stages and cure rates are better than expected.
Without GSEs’ bond buying, mortgage rates may be even higher
Secondary market experts are split on whether the Fed's next move will be a rate decrease in 2027 or an increase, as more observers are now thinking.
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