Optimal Blue: Refinance Activity Surged 20 Percent Year-Over-Year in January
Purchase lock volume increased 16% in January compared with December but was down 6% compared with January 2024, according to Optimal Blue’s latest Market...
MCT: Mortgage Lock Volume Was Basically Flat in January
Mortgage lock volume dipped 0.12% in January compared with December, according to Mortgage Capital Trading (MCT), which offers mortgage capital markets technology.
Despite a drop...
Optimal Blue Introduces AI Assistant Designed for Mortgage Lending Executives
Secondary marketing software firm Optimal Blue has introduced a new AI assistant that uses conversational generative AI to provide easy-to-understand, interactive insights and graphical...
NAHB Urges Trump to Exempt Tariffs on Home Building Materials
The National Association of Home Builders is urging President Trump to exempt building materials from the proposed tariffs on Canada and Mexico because of...
Fannie Mae Multifamily Closed 2024 With More Than $55 Billion in Volume
Fannie Mae provided more than $55 billion in financing to support the U.S. multifamily market in 2024, the firm reports.
That includes more than $6.3...
Trump Administration Directs Federal Agencies to Lower the Cost of Housing
The Trump Administration on Monday issued a broad order to all federal agencies to develop and implement strategies that will “restore purchasing power to...
Fannie Mae: Expect Another Year of Sluggish Existing-Home Sales
The average rate for a 30-year will remain well above 6% for the near-future and existing-home sales will remain muted due to high home...
Mortgage-Centric AI Professional Services Support Now Offered by BlackFin
Mortgage consultancy BlackFin reports that its professional services team is now assisting mortgage teams at banks, credit unions and independent mortgage bankers with the...
Bill Pulte Nominated to Serve as Director of the FHFA
President-elect Donald Trump has nominated Bill Pulte to serve as director of the Federal Housing Finance Agency (FHFA).
Pulte runs a private equity firm and...
MCT Updates its MSR Valuation Platform with Enhanced Analytics, Reporting
Mortgage Capital Trading (MCT), has released an updated version of its mortgage servicing rights (MSR) valuation platform that addresses the industry's growing need for...
MCT Reports 16 Percent Decrease in Mortgage Lock Volume in December
Mortgage Capital Trading, which offers mortgage capital markets technology, reports a 16.7% decrease in mortgage lock volume in December compared with November.
While there was...
FHFA Takes Preliminary Step to Transition Fannie Mae, Freddie Mac Out of Conservatorship
The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury have amended Fannie Mae and Freddie Mac’s Preferred Stock Purchase Agreements...
A&D Mortgage Prices Non-QM Securitization
A&D Mortgage has priced its latest securitization, a $303.9 million transaction backed by 872 newly originated non-prime residential mortgages.
Atlas Merchant Capital and Imperial Fund...
Mortgage Lock Volume Fell 15 Percent in November on Higher Rates
Mortgage lock volume plummeted 15% in November compared with October, as rates increased, according to Mortgage Capital Trading (MCT).
While the market exhibited relative stability...
Vice Capital Markets Signs 50th Investor to Whole Loan Trading Platform
Vice Capital Markets, a mortgage hedge advisory firm for independent lenders, banks and credit unions, reports that it has added its 50th investor to...
Farmer Mac Wraps Up Agricultural Mortgage Securitization
Farmer Mac has completed a $318.8 million securitization of agricultural mortgage loans, representing the organization’s fifth transaction in the FARM series since 2021.
The mortgage...
CHLA Requests Ginnie Mae to Allow Loan-Level Pooling
Due to increasing concern that Ginnie Mae issuers cannot transfer loans within a pool to transact a full loan mortgage servicing right (MSR) sale,...
Snapdocs Report Shows E-Closing Technology is a Game Changer for Mortgage Lenders
E-closing technology is a game-changer for mortgage lenders in optimizing their secondary market strategies, a research report from Snapdocs shows.
The report, conducted in partnership...
Sam Valverde Steps Down as Acting President of Ginnie Mae, Gregory Keith to Assume...
Sam Valverde, acting president of Ginnie Mae, will step down effective November 30.
Valverde has served as acting president of Ginnie Mae since May. He...
MCT: Mortgage Lock Volume Increased 2.5 Percent in October
Despite market volatility, mortgage lock volume increased 2.5% in October compared with September, according to Mortgage Capital Trading (MCT), which offers mortgage capital markets...