Finance

Short-term rate cuts often don't immediately translate to lower financing costs for 30-year home loans, and there are some unique circumstances this time.

The equity infusion into a multimillion-dollar vehicle for co-investment in mortgage servicing rights suggests there may be continuity in a trend as rates shift.

More "Airbnb-style" rental property loans are making their way into non-qualified mortgage securitizations and could they be acting differently from the traditional non-owner occupied loans, a Standard & Poor's report asks.

Federal Reserve Vice Chair for Supervision Michael Barr conceded major points to the industry on last year's capital reform proposal. But how regulators will approach other reforms in light of that experience is uncertain.

A former housing regulator confirmed that he anticipates a release from conservatorship would occur if Trump's elected, adding to other signs a plan is brewing.

Pricing talk includes yields ranging from 4.9% on the AAA, class A1 notes; 5.7% on the AA, class A2 notes; and 6.2% on the AA M1 notes.

Executives at the super-regional bank told investors that years of investments are poised to start paying off in rising profits, but the market seemed skeptical about the company's plan forward.

A combination of buy and sell-side issues led Mr. Cooper to slow down its mortgage servicing rights activity but executives may have a different view next year.

The government agency's new issuances in August totaled over $40 billion, marking a high not seen since late 2022.

The regional bank has already seen a large reduction in "criticized" loans, and it expects that trend to pick up as lower borrowing costs alleviate the pain in the commercial real estate sector.

While the shelter-related increase won't deter the Fed from cutting interest rates, it reduces the chance of an outsize reduction.

Homebuilders that get more than a 10th of their revenue from the U.S. have surged, but concerns over an economic slowdown have cast a shadow on stocks recently.

Issuance of CMBS has been torrid recently, with overall sales this year through Monday of $69.7 billion.

Federal Reserve Vice Chair Michael Barr's planned revision of the capital proposal addresses a key concern the housing finance industry has.

The new round of growth capital, led by investor 8VC, will go toward advancing the San Francisco company's AI capabilities.

The successor to Michael Hutchins, who filled the role on an interim basis, guided a well-known bank's real estate business through the financial crisis.

The bank has brought in mortgage industry veteran Ken Logan as senior managing director to oversee a broader range of financing it's offering to home lenders.

After hikes pinched profits across the industry, a move in the opposite direction could be the start of a more promising trend. But bankers caution that the immediate effects of a September rate cut figure to be small.

Other estimates suggest nonbank mortgage employment grew in July as the industry cautiously added staff to handle incremental growth in demand for loans.

Ginnie Mae had tried to slow the pace of Texas Capital Bank's case and move it to a different court but the judge rejected its legal arguments for doing so.