Broker Share Declines in FHA/VA Markets
Inside Mortgage Finance
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17h ago
Among a group of large lenders, the broker share of the government-insured market declined to 20.4% in the third quarter, down from 21.2% in the second quarter ..read more
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Dimon: Regulators Unaware of Impact of Capital Proposal
Inside Mortgage Finance
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17h ago
Jamie Dimon, chairman and CEO of JPMorgan Chase, raised concerns about a capital requirement proposal at a hearing in Congress Wednesday ..read more
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McHenry Declines to Run for Reelection in House
Inside Mortgage Finance
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17h ago
Rep. Patrick McHenry, R-NC, is currently the chairman of the House Financial Services Committee ..read more
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Short Takes: Application Trends / Lumber Costs and Buydowns / Discounted Rates at KeyBank / PennyMac’s Debt Issuance / REIT Merger Finalized
Inside Mortgage Finance
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17h ago
Refi applications are up on an annual basis while purchase-mortgage demand lags ..read more
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Expanded-Credit Sector Loses Market Share in Third Quarter
Inside Mortgage Finance
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2d ago
The ECM sector’s share of total originations declined to 2.3% in the third quarter ..read more
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Mixed Outcome in Dispute Between Black Knight, PennyMac
Inside Mortgage Finance
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2d ago
An arbitrator issued an interim award of $155.2 million for Black Knight ..read more
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FHA to Improve Monitoring of Lenders, Servicers
Inside Mortgage Finance
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2d ago
An inspector general identified counterparty risk related to protecting FHA’s Mutual Mortgage Insurance Fund as one of HUD’s top management challenges for 2024 ..read more
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Little Use of Title Insurance Alternative
Inside Mortgage Finance
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2d ago
In 2022, Fannie Mae reported that it purchased just 45 of loans with attorney opinion letters ..read more
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Short Takes: Steady Margins / Older Millennials Struggle / Standardization for HFA Forms / Large Donation From MacKenzie Scott
Inside Mortgage Finance
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2d ago
PennyMac's margins in the fourth quarter are at levels similar to those seen in the third quarter ..read more
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REIT MBS Investments Up Almost 19% From a Year Ago
Inside Mortgage Finance
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3d ago
AGNC posted a hefty 19.4% increase in its agency MBS portfolio ..read more
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