Core Insights - The 30-year fixed-rate mortgage (FRM) averaged 6.89% as of May 29, 2025, showing a slight increase from 6.86% the previous week and a decrease from 7.03% a year ago [1][5] - The 15-year FRM also increased to an average of 6.03% from 6.01% last week, down from 6.36% a year ago [5] - Freddie Mac emphasizes the importance of shopping around for mortgage rates to potentially save thousands of dollars [1] Company Overview - Freddie Mac's mission is to enhance liquidity, stability, and affordability in the housing market across all economic cycles, having assisted millions of families since 1970 [3] - The Primary Mortgage Market Survey (PMMS) focuses on conventional, conforming, fully amortizing home purchase loans for borrowers with excellent credit who put 20% down [2][4]

Core Insights - The article focuses on the recent IPO of Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) and aims to provide detailed analysis on exchange-traded fixed-income security IPOs [1] Group 1 - The article invites active investors to join a free trial and engage in discussions with sophisticated traders and investors [1] - The analysis is part of a series that aims to inform readers about the dynamics of fixed-income security IPOs [1]

Providence, RI, May 29, 2025 (GLOBE NEWSWIRE) -- Beeline Holdings Inc., (NASDAQ: BLNE) the fast-growing digital mortgage platform that shortens the path to homeownership, today announced the launch of an latest innovation from MagicBlocks, an AI company incubated and spun out of Beeline. MagicBlocks has just released its One-Click AI Sales Agent — a proprietary tool that enables mortgage lenders and brokers to instantly deploy a high-performing, emotionally intelligent sales assistant trained specifically f ...

MCLEAN, Va., May 28, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for April 2025, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have h ...

In this articleFMCCFNMAPLTRAlex Karp, CEO of Palantir Technologies, speaks during the Digital X event in Cologne, Germany, on Sept. 7, 2021.Andreas Rentz | Getty ImagesQuasi-governmental financial firm Fannie Mae on Wednesday announced a partnership with defense tech player Palantir to detect mortgage fraud, deepening ties between the federal government and a company that has been a big winner in the second Trump administration.Priscilla Almodovar, Fannie Mae CEO, said Wednesday at a press event that the go ...

Core Viewpoint - Fannie Mae has launched an AI-powered Crime Detection Unit in partnership with Palantir to enhance fraud detection in the U.S. mortgage market, aiming to save millions in future fraud losses [1][4]. Group 1: Partnership and Technology - The partnership with Palantir will expand Fannie Mae's fraud detection capabilities using advanced AI and data science technology [1][2]. - The Crime Detection Unit will utilize AI to analyze millions of datasets to identify previously undetectable patterns of mortgage fraud [4]. Group 2: Impact on the Housing Market - Fannie Mae's Crime Detection Unit is expected to significantly increase safety and soundness in the housing market by identifying and eliminating fraudulent activities [3][5]. - Fannie Mae holds over $4.3 trillion in assets and is a key player in the U.S. housing market, owning or guaranteeing approximately 25% of single-family mortgages and 20% of multifamily mortgages [4].

Core Viewpoint - MGIC Investment (MTG) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of changing earnings estimates in determining near-term stock price movements, making it a valuable tool for investors [2][4]. - The upgrade for MGIC reflects a positive outlook on its earnings, which could lead to increased buying pressure and a rise in stock price [3][5]. Earnings Estimate Revisions - Empirical research indicates a strong correlation between earnings estimate revisions and stock price movements, highlighting the importance of tracking these revisions for investment decisions [6]. - The Zacks Rank system classifies stocks based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. Current Earnings Estimates for MGIC - MGIC is projected to earn $2.90 per share for the fiscal year ending December 2025, reflecting a year-over-year change of -0.3% [8]. - Over the past three months, the Zacks Consensus Estimate for MGIC has increased by 7.1%, indicating a positive trend in earnings estimates [8]. Zacks Rating System Overview - The Zacks rating system maintains a balanced distribution of 'buy' and 'sell' ratings across its universe of over 4000 stocks, with only the top 5% receiving a 'Strong Buy' rating [9]. - The upgrade of MGIC to a Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

AGNC Investment Corp. (AGNC) and Starwood Property Trust, Inc. (STWD) are two of the known names within the mortgage real estate investment trusts (mREITs) industry. Both offer favorable long-term stockholder returns and a massive dividend yield.But which one offers the better opportunity for investors right now? Let us break down the strengths, risks and growth potential of AGNC and STWD.The Case for AGNCAGNC Investment adheres to an active portfolio-management policy, which includes re-evaluation and adju ...

Core Insights - The value of mortgage real estate investment trusts (REITs) like Rithm Capital Corp. (NYSE: RITM) is highlighted as a strong investment option amid market volatility, offering passive income through ultra-safe dividends and yields [1] Group 1 - Rithm Capital Corp. is positioned as a resilient investment choice for passive income investors [1] - The mortgage trust sector is noted for its ability to provide stability during uncertain market conditions [1]

Company Overview - Rocket Companies is a financial technology firm that operates in mortgage, real estate, and personal finance sectors, with segments including Direct-to-Consumer and Partner Network [1] - The Direct-to-Consumer segment allows clients to interact with Rocket Mortgage online and includes services like title insurance and appraisals [1] - The Partner Network segment focuses on expanding marketing and influencer relationships and mortgage broker partnerships through Rocket Pro [1] Market Position - Rocket Companies is the No. 1 mortgage originator in the United States, gaining market share through a technology-first approach to mortgage processing [4] - The company can originate loans at about one-third of the cost of its peers and close loans in an average of 21 days, compared to 45 days for competitors [4] Stock Performance and Ownership Structure - Despite its competitive advantages, Rocket's share price has declined over 29% since its IPO in August 2020, trading at a single-digit price-earnings multiple [4][5] - The company's ownership structure is complex, with founder Dan Gilbert retaining over 80% of voting power through a preferred share class, resulting in a public float of only about 7% [5] - Rocket plans to increase its public float to 35% and simplify its share structure from four classes to two, which may attract more institutional investors [6] Future Growth Potential - The integration of artificial intelligence (AI) is seen as a key driver for Rocket's growth, enhancing operational efficiency and profitability [7] - Rocket's market share could potentially grow from its current high single-digit percentage to 15%-20% organically, with further growth possible through mergers and acquisitions [7] - The company is well-positioned to lead in the mortgage industry due to its technological capabilities and the experience of its new CEO [7] Investment Perspective - ValueAct Capital has taken a 9.99% ownership stake in Rocket Companies, indicating confidence in the company's potential [2][3] - ValueAct's experience with AI and its history of successful investments in controlled companies suggest a strategic alignment with Rocket's growth trajectory [8]