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Author name: Ricky Vasquez

Ginnie Mae pauses delinquency rules amid FHA waterfall shift

Ginnie Mae pauses delinquency rules amid FHA waterfall shift

Capital markets, Distressed, Regulation and compliance, Secondary markets, Servicing /

Government mortgage-backed securities guarantor Ginnie Mae announced that it’s changing how it will be tracking delinquencies in monthly issuer reporting to account for impacts from a rule update. Processing Content To address the uptick in a large number of older loans entering trial payment plans as a result of the Federal Housing Administration’s adjustment to […]

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Flagstar pares back earnings outlook amid elevated CRE payoffs

Commercial banking, CRE, Earnings, Flagstar Bank, Industry News /

Key insight: Elevated payoffs and paydowns in Flagstar’s commercial real estate portfolio were driving factors in the bank’s decision to lower its earnings guidance for 2026 and 2027. What’s at stake: The bank is trying to remix its loan portfolio as part of a turnaround that involves reducing its historically high concentration in commercial real

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Prepayments hit 4-year high after mortgage rates eased

Distressed, Housing markets, Servicing /

Early-year rate movements led prepayments to a near four-year high in March, while delinquency trends also showed overall improvement typical of seasonal patterns, according to Intercontinental Exchange. Processing Content Mortgage prepayment speeds jumped 24 basis points to 1.06% from a level of 0.82% recorded in February, with the pace accelerating in three out of the

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Hilltop’s PrimeLending cuts pretax losses by over 70% in 1Q

Earnings, Economy, MARKETING TO BORROWERS, Originations /

PrimeLending, Hilltop Holdings’ mortgage unit (through its PlainsCapital Bank subsidiary) reduced its pretax losses 72% year-over-year. But the parent company gave a warning for the entire organization (including Hilltop Securities) that its future performance in 2026 is likely to be affected by things outside of its control. Processing Content Hilltop cited challenging changes in the

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DOJ drops probe tied to Fed, potentially easing path for Warsh confirmation

Department of Justice, Federal Reserve, HWmember, Jerome Powell, Mortgage, Regulatory, Trump administration /

The U.S. Department of Justice (DOJ) on Friday dropped its investigation into the Federal Reserve regarding Jerome Powell’s congressional testimony on the central bank’s headquarters renovation. The decision could ease the path for Kevin Warsh‘s confirmation as Powell’s successor. Jeanine Pirro, U.S. Attorney for the District of Columbia, announced that she’s closing the investigation and

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M/I Homes hews to its order pace; margins come under pressure

homebuilder, HWmember, Leadership, New Home Sales, Residential Real Estate, The Builder's Daily /

In its quarterly earnings report a few months ago, M/I Homes business executives said the top-15-ranked homebuilder would maintain a spec-heavy approach – carefully and methodically – to build sales momentum leading up to and into the spring selling season.  The latest quarterly financial and operational performance attests to M/I’s embrace of that strategy, as

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We may finally be near the bottom of the mortgage market cycle

Contributors, HWmember, Mortgage, Mortgage Industry, Mortgage Rates, Opinion, Origination /

I started in mortgages in 2007 for a brokerage office in Salem, Oregon. Within my first year and a half, I was one of the top-producing loan officers in the office. At the same time, the world around me was coming apart.  I didn’t realize at the time that the industry I had just joined

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MRED opens private listing network to agents nationwide with Compass data deal

Agent, Brokerage, Chicago, Clear Cooperation, Compass, HWmember, MLS/Associations, Real Estate /

Midwest Real Estate Data (MRED) is opening its multiple listing service, including its Private Listing Network (PLN), to any licensed real estate agent nationwide and has secured a nationwide listing feed and membership subsidies from Compass International Holdings, the organizations announced Friday. The move extends MRED’s reach beyond its current footprint serving real estate professionals

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The cost of cheaper: Why lower score fees could raise mortgage costs

Contributors, Mortgage, Opinion, Origination /

The debate over FICO versus VantageScore has followed a familiar script: A headline price gets amplified into a savings narrative, that narrative becomes policy and then the secondary market quietly starts doing the math the advocates forgot to run. In a multi-trillion-dollar mortgage-backed security (MBS) market, the score fee is a rounding error. What is

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Retirement confidence declines as worries grow over Social Security, rising expenses

Affordability, Baby Boomer, Gen X, HWmember, Mortgage, Retirement, Reverse, Social Security /

Sixty-four percent of Americans say they feel confident they have enough money to live comfortably throughout retirement — down from last year — according to the Employee Benefit Research Institute (EBRI)’s 2026 Retirement Confidence Survey. The 36th annual survey, conducted online in January, is jointly produced by EBRI and Greenwald Research. Worker confidence fell to

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