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Mortgages

Fannie, Freddie shares dip as Pulte’s added role raises questions

Fannie Mae, FHFA, Freddie Mac, GSEs, Mortgages, Politics and policy /

While President Trump is entrusting Bill Pulte with the nation’s biggest secrets, shareholders in Fannie Mae and Freddie Mac are losing some faith. Processing Content Shares for the government-sponsored enterprises dipped after the president’s announcement Tuesday that the Federal Housing Finance Agency director would be acting Director of National Intelligence. Pulte, also chairman of both […]

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VA finalizes new distressed borrower assistance

Distressed, Mortgage technology, Mortgages, Servicing, The VA /

The Department of Veterans Affairs has unveiled new procedures for distressed borrowers with mortgages it partially guarantees, including an option that may help many who got loans at lower rates than are currently available in the market. Processing Content The VA will be ready to accept the legislatively-mandated partial claim that addresses the interest rate

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Scotiabank to buy small Dallas bank in mortgage-finance play

M&A, Mortgages /

Bank of Nova Scotia agreed to acquire Maple Financial Holdings Inc., which owns a small US commercial bank, as the Canadian firm looks to expand its structured-finance business in the American mortgage industry.  Processing Content The deal, which will see the lender take over MapleMark Bank, is subject to customary closing conditions, Scotiabank said in

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Foreclosure inventory rises in 1Q to six-year high

Distressed, Foreclosures, Housing markets, Mortgages, Servicing /

The U.S. foreclosure inventory as of the end of the first quarter was at its highest level in six years, with over three quarters of the nation’s metro areas reporting higher rates, Cotality’s latest Loan Performance Indicators report disclosed. Processing Content The foreclosure inventory rate rose for the first time in 15 months, with both

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Rate may allow some refinance loans to skip title policies

Rate may allow some refinance loans to skip title policies

Mortgage technology, Mortgages, Originations, Title insurance /

Rate has launched a pilot in which it will use automated analyses of loan data to determine whether certain refinances can be originated without a lender’s title insurance policy. Processing Content The EnTitled program, available in 23 states, appears to be in line with Fannie Mae’s test of insurance waivers. Refinance loans in the program

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Mortgage rates surge to 9-month high amid market turmoil

Economy, MARKETING TO BORROWERS, Mortgage Rates, Mortgages, Originations /

Mortgage rates enter the Memorial Day weekend at levels not seen since last Labor Day with the bond market in a tizzy this past week. Processing Content News over inflation and the Iran conflict influenced investors and as a result, the 10-year Treasury reached its highest point in 52 weeks. For the week of May

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MBA adjust forecasts for a 2027 federal rate hike

Economic news, Mortgages, Originations, Secondary markets /

The near-term impact of inflation has the Mortgage Bankers Association warning of potential setbacks to growth and a 2027 federal rate hike, but lenders should still see volumes increase this year, it said on Sunday. Processing Content Originations will grow approximately 6% year-over-year in 2026 on a dollar-volume basis, with the trade group presenting baseline

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Foreclosure filings up 18% from a year ago

Distressed, Foreclosures, Mortgages, Servicing /

Foreclosures fell in April compared with March, but still posted an annual gain for the 14th straight month, Attom reported Thursday. Processing Content Foreclosure filings, which include default notices, scheduled auctions and bank repossessions, were reported on 42,430 properties in the United States last month, down 8% from the month prior but up 18% from

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Why banks are betting on mortgages again

Consumer banking, Industry News, Mortgages, Originations, Regulation and compliance /

Frost Bank’s mortgage unit generated $595 million in outstanding loans in 2025, surpassing what its leaders had initially expected when the San Antonio-based bank re-entered home lending two years earlier.  Processing Content “If you look at why we exited, we just weren’t able to deliver that product in a relationship way that we did everything

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Fannie Mae’s portfolio surge is the biggest in over a decade

GSEs, Mortgage Rates, Mortgages, Secondary markets, The Great American Mortgage Corporation /

Fannie Mae has reported a jump in its retained portfolio size that investment professionals at Rithm have recently noted is the largest seen since the Great Financial Crisis. Processing Content The government-sponsored enterprise retained a combination of loans and mortgage-backed securities totaling nearly $168.74 billion in March, up considerably from the previous month’s $150.39 billion.

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