UK GDP contracts again in May

July 11, 2025by

The UK economy unexpectedly shrank by 0.1% in May, following a 0.3% decline in April, defying forecasts of modest...

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Chancellor holds off cash ISA cut after outcry

July 11, 2025by

Chancellor Rachel Reeves is understood to have put cash ISA reforms on hold following a backlash from the industry....

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ONS figures point to weaker housebuilding in May

July 11, 2025by

Monthly construction output is estimated to have fallen by 0.6% in May 2025; this follows three consecutive periods of...

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End of Conservatorship Hinges on Senior Preferred Shares

July 10, 2025by

There’s no consensus on how the Trump administration’s effort to end the conservatorship of the GSEs should address senior...

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HEI Securitization Activity Evolves With Palisades

July 10, 2025by

Palisades Group issued a $112.1 million securitization on June 30 that included home equity investment assets from multiple companies,...

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PennyMac’s Shift to Non-Agency MBS Prompted by CRT Runoff

July 10, 2025by

PennyMac Mortgage Investment Trust started issuing non-agency MBS in November as part of an effort to boost its investments...

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RMBS Issuance Surges in 2Q25, CMBS & ABS Down

July 10, 2025by

Agency single-family MBS issuance was up solidly in the second quarter, but it remains to be seen whether the...

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The Trump Tax Bill and the Fear of Higher Rates

July 10, 2025by

Will the One Big Beautiful Bill Act cause federal deficits to grow and rates to spike? The simple answer...

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PropStream expands lead generation tech through acquisitions

July 10, 2025by

The acquisitions merge PropStream’s property data capabilities with Batch Leads’ AI-driven lead generation tools and contact dialer.

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‘Dating the rate’ misled borrowers. Now they’re financially strained

July 10, 2025by

An out-of-date mantra that once lured in prospective homebuyers is being criticized by mortgage originators who say clients were...

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