Rithm on Monday closed an $878 million debt sale, this one collateralized solely by MSRs.

Freddie President Michael Hutchins will step in as interim CEO.

The volume of single-family mortgage servicing tied to Ginnie Mae rose 7.3% on an annual basis to $2.541 trillion as of the end of 2024.

Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.

Mortgage delinquencies in LA tied to wildfires increased from 700 at the end of January to 4,100 at the end of February.

Lawrence Yun, chief economist at NAR, said “the momentum for home sales is flashing encouraging signs.”

The policies established during the Biden administration aimed at addressing bias in appraisal practices.

Residential mortgage repurchases by banks increased by 25.9% during the fourth quarter.

“In the near term, we expect mortgage rates to remain in a fairly narrow range, between 6.5 and 7%, which should support the spring housing market,” said Mike Fratantoni, a senior vice president and chief economist at the Mortgage Bankers Association.

Originations are up compared with the first quarter of 2024 and Onity could tap a large deferred tax asset this year.