March 21, 2025By James DohnertCorrespondents Regain Some Nonconforming Share in 4QThe correspondent share of nonconforming originations returned to the double digits in the fourth quarter of 2024. Though for the full year, correspondents lost market share.
March 21, 2025By James DohnertShellpoint Remains Top Servicer of Non-Agency MBS in 4QShellpoint handled servicing on 26.6% of the dollar volume of non-agency MBS issued during the fourth quarter.
March 21, 2025By James DohnertTomo Mortgage Secures Funding From Progressive InsuranceTomo said it can save the typical homebuyer $4,000 at closing through the use of its AI underwriting software.