Ginnie Mae’s MBS portfolio reaches $3.03 trillion.
Ginnie Mae's MBS portfolio rose to $3.03T, expanding agency MBS supply and affecting pricing, liquidity and operating considerations for private lenders.now
FHLBank Chicago expands mortgage pricing for loans up to $450,000.
FHLBank Chicago expanded MPF low-balance pricing for members, adding conventional mortgage options up to $450,000—implications, insight for private lenders
Saluda Grade invests $20 million in manufactured-housing lender Zippy.
Zippy has secured new investment to accelerate expansion of its existing 27-state footprint, positioning the company to scale operations and deepen market penetration across a broad geographic base. The capital is expected to underwrite operational growth — including staffing, technology upgrades, expanded distribution and [...]
Bank of America mortgage volume falls 12%, raising market share questions.
JP Morgan and Wells Fargo report lower mortgage volumes amid rising rates, creating potential originations and refinance opportunities for private lenders.
Capital risk for homebuilders: why funds depart and erode.
A prior market crisis serves as a cautionary case: when mortgage finance depends heavily on a single backer, funding stress transmits quickly across the system, amplifying liquidity shortages and forcing abrupt credit tightening. Concentration creates a single point of failure—secondary markets can seize, servicers [...]
Social Security announces a 3.6% COLA increase.
Social Security retirement benefits are set to rise by an average of $75 per month, a modest increase that will be felt most by households dependent on fixed income streams. For many retirees, that increment can cover routine outlays such as utilities, groceries, or [...]
Each servicing exception requires an owner and a timeline.
The Mortgage Bankers Association’s benchmark shows servicing a nonperforming mortgage carries materially higher costs than routine loans, with nonperforming servicing expenses averaging about $1,573 per loan versus roughly $176 for a performing loan. That gulf reflects concentrated operational intensity: loss‑mitigation and modification efforts, legal [...]
How equity buyouts operate in divorce refinances.
Equity equals appraisal less mortgage balance; buyout value depends on the remaining borrower capacity, income, debt ratios and allowable loan limits. LTVs
Mortgage applications fall 2.7% amid rising interest rates.
Mortgage refinance activity presented a mixed picture: the refinance share of originations rose to 37.7% even as FHA refinance volume declined by 5% amid rising interest rates. That divergence highlights a compositional shift within the refi market — conventional and credit‑strong borrowers appear more [...]
Compass bolsters AI focus by adding Google Gemini leader to its board
Sissie Hsiao’s leadership of a major consumer-facing AI app at Google highlights a growing intersection between advanced product design and financial services. Her expertise in shaping conversational AI and scalable mobile experiences signals what mortgage firms prize when pursuing digital transformation: seamless borrower journeys, [...]