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A service for Realtors · Friday, July 25, 2025 · 834,120,651 Articles · 3+ Million Readers
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Ginnie Mae News Monitoring

  • Published on Jul 22, 2025

    HomeStreet to sell $794M in Ginnie Mae MSRs

    “As HomeStreet carried this servicing portfolio at current market value at June 30, 2025, no gain or loss is expected to be realized upon the close of the sale,” the company stated in a filing with the Securities and Exchange Commission (SEC). The …

    Source: Housing Wire - Neutral
  • Published on 16:41 GMT

    HELOC Products; HUD, FHA, and Ginnie News; Unscripted Powell and Trump

    If you want to see an unscripted moment where politics and the central bank collide, thank Ken Sonner for sending over this clip of President Trump and Fed Chair Powell addressing the press. (Complete with pressure for lower rates, a misstatement of the …

    Source: Mortgage News Daily - Neutral
  • Published on Jul 24, 2025

    Can You Get a Mortgage If You Weren’t Born Here? 

    I thought long and hard about if I should write on this subject. Certainly, our national stage has combusted with issues that hit oh so very close to home. So many of our institutions and practices were dismantled so quickly that we can barely catch up. …

    Source: Santa Barbara Independent - California - Left-wing
  • Published on Jul 24, 2025

    Mr. Cooper profit rises with Rocket deal in focus

    Mr. Cooper Group on Tuesday recorded mixed earnings for the second quarter that fell short of matching year-ago results and consensus estimates but were considerably stronger than the bottom line in the previous fiscal period. Servicing, including a $30 …

    Source: National Mortgage News - Pending
  • Published on Jul 23, 2025

    Mr. Cooper stays profitable despite major subservicing exit in Q2

    Mr. Cooper reported $198 million in net income for the quarter, up from $88 million in Q1 2025 but slightly below its $204 million profit from the same period last year. Its servicing portfolio declined slightly to $1.509 trillion, down from $1.514 …

    Source: Housing Wire - Neutral
  • Published on Jul 24, 2025

    Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2026 First Quarter Earnings Release And Conference Call Webcast

    (MENAFN- GlobeNewsWire - Nasdaq) PHOENIX, July 23, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the first quarter ended June 28, 2025 on Thursday, July 31, 2025 after the close of market. Senior management will …

    Source: MENAFN - Indeterminate
  • Published on Jul 22, 2025

    Homebuilders are weathering the trade war — for now

    Stocks for D.R. Horton (+17%) and PulteGroup (+11.5%) each closed significantly higher on Tuesday, and equities of other major homebuilders jumped along with them. “During our Q1 call, we indicated a potential impact of tariffs of approximately $5,000 per …

    Source: Housing Wire - Neutral
  • Published on Jul 22, 2025

    PennyMac, the top dog in correspondent, says its broker business is booming

    “We have clearly established ourselves as a trusted partner for brokers, and though we are already the third largest in the channel, we see tremendous momentum to continue our growth to more than 10% market share by the end of 2026,” Spector told investors …

    Source: Housing Wire - Neutral
  • Published on Jul 22, 2025

    HomeStreet selling nearly $800 million in Ginnie servicing

    A HomeStreet Inc. division is shedding Ginnie Mae mortgage servicing rights ahead of the parent company's merger with Mechanics Bank, which has not been active as an MSR investor. The Seattle-based HomeStreet Bank has agreed to sell the portfolio on …

    Source: National Mortgage News - Pending
  • Published on Jul 21, 2025

    Builders’ mortgage aid contributing to higher home prices, Morgan Stanley says

    By Scott Carpenter | Bloomberg Home-building companies now commonly reduce borrowers’ mortgage rates on new homes by kicking in some of the financing, but one byproduct of those efforts is that they’ve kept home prices elevated, according to a report by …

    Source: Los Angeles Daily News - California - Neutral
  • Published on Jul 16, 2025

    Skilled Nursing Dealbook: 11-Facility Michigan-Based Portfolio Sold; Nursing Home in Texas Sold 

    A Michigan-based portfolio consisting of 11 skilled nursing and long-term care facilities with 1,330 licensed beds was sold. Meanwhile, a 124-bed skilled nursing facility was sold in Texas. Plains Commercial announces sale of 124-bed SNF in Texas Plains …

    Source: Skilled Nursing News - Pending
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