Locks for both purchase mortgages and refis declined on a monthly basis in May.

With banks and the Fed shedding MBS, REITs added to their portfolios.

Figure Lending's newest MBS will include recently originated first- and junior-lien home equity lines of credit with an unpaid principal balance of $205.4 million.

In certain areas, Chase is offering mortgage shoppers $200 to consider a mortgage from the bank.

Ginnie President Alanna McCargo is confident nonbanks will be able to meet pending capital requirements.

Fannie and Freddie believe the surge in repurchase requests simply reflects market trends.

Tonkel was a top executive at Friedman, Billings Ramsey, which took many a REIT public in the 2000s.

The Utah-based specialty servicer became the property of UBS during the recent bank liquidity crisis.

A reduction in the commingle fee that applies to the GSEs helped to increase such issuance somewhat in April.

Trade groups endorsing the legislation include the American Bankers Association and the Securities Industry and Financial Markets Association.