Apply Online
Schedule a Call

November 2025

Rocket latest lender to add debt service coverage mortgages

Rocket latest lender to add debt service coverage mortgages

LOAN PRODUCTS, Originations, Rocket Mortgage, Underwriting /

Rocket Mortgage has come out with a debt service coverage ratio product in both its wholesale and retail channels, joining a rather competitive landscape of both non-qualified mortgage specialists and more traditional lenders like its rival United Wholesale Mortgage, that already serve investors looking to finance rental properties. Another recent entrant with a suite of […]

Rocket latest lender to add debt service coverage mortgages Read More »

Fed’s Miran: Banks should hold more Treasuries, less reserves

Fed’s Miran: Banks should hold more Treasuries, less reserves

Federal Reserve, Monetary policy, Politics and policy, Regulation and compliance /

Aaron Schwartz/Bloomberg Key Insight: Federal Reserve Gov. Stephen Miran said certain bank regulations are preventing the Fed from further shrinking its balance sheet. Expert Quote: “Trying to settle the ongoing debates on how monetary policy is best implemented before settling the regulatory framework is putting the cart before the horse.” — Federal Reserve Gov. Stephen

Fed’s Miran: Banks should hold more Treasuries, less reserves Read More »

Senate Banking Committee approves Hill to lead FDIC

FDIC, Politics and policy, Trump administration /

Key insight: Hill’s continued tenure at the FDIC isn’t likely to change the agency’s direction on bank policy.  Forward look: His nomination now goes to the full Senate, where he’s expected to be confirmed.  What’s at stake: Hill’s policies at the FDIC have included rescinding ILC rules and pursuing policies that he has said will

Senate Banking Committee approves Hill to lead FDIC Read More »

Mortgage activity falls as rates tick up again

Mortgage applications, Mortgage Rates, Originations /

Consecutive weeks of mortgage rate increases suppressed refinance activity, causing a notable fall in mortgage applications, the Mortgage Bankers Association found. The MBA’s Market Composite Index, a measure of mortgage loan application volume,  decreased 5.2% on a seasonally-adjusted basis from one week prior for the week ending Nov. 14. On an unadjusted basis, the Index

Mortgage activity falls as rates tick up again Read More »

Figure files first blockchain-native equity to shake up equity stack

Cryptocurrency, IPOs, Mortgage technology /

Figure filed for a proposed offering of its new Blockchain Stock Monday, with hopes of disrupting the vertical equity stack. The Blockchain Stock will be a blockchain-native class of equity securities, trade on Figure’s alternative trading system and will be convertible one-for-one into shares of Figure’s Class A Common Stock, the company said in a

Figure files first blockchain-native equity to shake up equity stack Read More »

Uneven signals mark a housing market stuck in neutral

Affordable housing, Housing markets, Underwriting /

High prices, tight affordability and general uncertainty continue to hold back would-be buyers. Redfin estimates that there approximately 500,000 more sellers are active in the market than buyers, giving the few active buyers more leverage on price and concessions. “Homebuying activity has stabilized at below-normal levels,” said Asad Khan, Redfin senior economist. “Many would-be homebuyers

Uneven signals mark a housing market stuck in neutral Read More »

Trump taps OMB official as new nominee for CFPB director

Consumer banking, Politics and policy, Trump administration /

Key Insight: The nomination allows acting CFPB Director Russell Vought to bypass the Federal Vacancy Reform Act.  What’s at Stake: Vought has three weeks left before he reaches the 210-day limit to remain at the agency. With the nomination, he gets another 210 days and potentially can lead on an acting basis for 420 days.

Trump taps OMB official as new nominee for CFPB director Read More »

Why 2025 might be the year of the mortgage ETF

Bonds, ETFs, Industry News, MBS, Secondary markets /

The pairing of exchange-traded funds to residential mortgage-backed securities is no new concept, but 2025 looks like it is turning into a renaissance year for RMBS ETFs, based on recent trends.  Since November 2024, the bond market has seen at least four new issuances from investment banks, including the likes of JPMorganChase, Charles Schwab, Regan

Why 2025 might be the year of the mortgage ETF Read More »

Figure unveils industry-first blockchain stock offering

Blockchain, Cryptocurrency, Figure Technologies, HWmember, LendingLife, Mike Cagney, Mortgage, Stock Market, Technology /

Figure Technology Solutions Inc. filed a registration statement on Monday with the Securities and Exchange Commission (SEC) for a proposed public offering of its Series A Blockchain Common Stock, marking the launch of the first blockchain-native public equity security. Figure‘s offering introduces several industry firsts, which could make it a model for future issuances. The

Figure unveils industry-first blockchain stock offering Read More »