Trade groups push for lower MSR capital charges, tailored mortgage risk weights
Eight trade groups representing lenders are urging federal regulators to revise bank capital rules by adopting a more tailored risk weight for mortgages held on balance sheets and by significantly cutting the capital charge applied to mortgage servicing rights (MSRs). In a letter sent Friday to the
Opendoor posts $1.3B loss in 2025 but sees path to profitability
Opendoor may have lost $1.3 billion in 2025, but company executives say the iBuyer is back on track to becoming a profitable business. On an earnings call with investors and analysts Thursday evening, Opendoor CEO Kaz Nejatian called his company’s fourth quarter and full-year 2025 earnings “good.” D
New home sales still at multiyear highs
With all the housing drama lately going on, one truth has stayed constant for years: new home sales are holding up due to rate buy-downs, but housing permits are still at recession levels! What gives here? First and foremost, new home sales have outperformed the existing home sales market for many y
Categories
Recent Posts
