Premier Lending will use the new FICO 10 T scoring model for its nonconforming originations.

Finance of America to issue MBS backed by jumbo reverse mortgages; Aslan teams with Calque; 5th Street Capital licensed in Wyoming.

Despite significant changes following 2008, the non-agency market still only makes up a small portion of total MBS issuance.

Higher vehicle prices and inflation are reducing auto lending to subprime borrowers and lifting the prime sector’s share of ABS issuance.

Both Democrats and Republicans have little interest in GSE reform, according to discussions this week at the SFVegas conference.

Lenders should shift their marketing spend from trigger leads to other sources, according to Jimmy King, CEO of BankingBridge, a mortgage marketing technology company.

Despite underlying issues with the mortgage market, the FHFA's conservatorship over Fannie Mae and Freddie Mac looks unlikely to end.

As lawmakers move to ban the use of trigger leads, lenders should focus their dollars on other marketing sources.

The company estimates mortgage technology segment revenue growth in the low to mid-single-digit range this year. The segment boosted revenue by 17% in 2023.

Increases in property taxes and home insurance that bump escrow amounts could put homeowners in financial hardship, according to a new survey by Lereta.