The Federal Reserve announced a 50-basis-point reduction in the federal funds rate this week. Interest rates on mortgages have come down by more than that in recent weeks in anticipation of the Fed’s move.

A&D Mortgage has partnered with Atlas Merchant Capital to fund more expanded-credit MBS transactions.

Growth in first-lien holdings occurred outside of the top three banks, which all shrank their portfolios in the second quarter.

The new HEI securitization has borrowers with slightly better average credit scores compared to an issuance in April.

A Trump plan for resolution of the GSEs? Sounds like it...

Banks and thrifts grew their first-lien portfolios from March to June despite a decline in portfolio sizes of some of the largest depositories. (Includes data table.)

Delinquencies on non-QM loans are increasing despite servicers’ best efforts to ensure borrowers don’t go into foreclosure.

In addition to releasing new guidance, the Treasury also pushed back the deadline for submission of new CDFI Fund applications to allow lenders more time to review new guidance requirements.

The Austin, TX-based company has launched a new buy-before-you-sell product aimed at helping homebuyers better compete in today’s tight housing market.

HomeLight rounded up $20 million in funding to help reach new lender partners as it expands its buy-before-you-sell product.