The impairment rate on securitized non-QMs increased by more than 100 basis points between August and December.

FHA’s share of the primary mortgage insurance purchase business grew from 25.7% in 2022 to 32.1%.

Demand for purchase mortgages declined last week even as interest rates stayed level.

loanDepot won't assess late fees for its servicing customers for January payments until after the end of the month.

Thanks to a steady decline in mortgage rates during the last quarter of 2023, the bond market has been rallying of late, lifting MBS values.

Mortgage origination revenue at FICO more than doubled in the fourth quarter of 2023 compared with the fourth quarter of 2022.

CrossCountry Mortgage will be the first MBS issuer to exclusively use the new FICO 10-T credit scoring model.

The surge in securitization is driven by nonbanks that have boosted home equity lending as refinance business dried up in 2023.

At the direction of the Federal Housing Finance Agency, Fannie Mae and Freddie Mac are reformulating their Social Index to make it more attractive to investors while still protecting the privacy of borrowers.

The securitization is the first issuance of 2024 through the Chase Home Lending Mortgage Trust shelf.