In case you missed it: The VA reported an astronomical increase in its interest rate reduction refinance program in early 2024...

At one point, Republic First’s mortgage unit focused on offering jumbo mortgages at below-market interest rates.

Federal Reserve Governor Michelle Bowman noted issues with how the proposal on capital requirements for large banks would impact the MBS and ABS markets.

The $365.4 million deal is stocked with loans originated number a number of firms.

Elevated interest rates and limited housing inventory led to a tepid increase in pending home sales in March.

The REIT bounced back after losses in the previous two quarters.

“There was a surprisingly strong reading of core PCE inflation,” said Joel Kan, a vice president and deputy chief economist at the Mortgage Bankers Association.

The overall delinquency rate across all three agencies declined 36 basis points in the first quarter to 2.78%.

Mr. Cooper Group, the largest nonbank GSE servicer and second-largest GSE servicer overall, increased its portfolio by 8.6% during the first quarter.

Achieve Home Loans is expected to close a $170.1 million HELOC MBS later this month.