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The agency plans to restrict access to a system that provides borrower tax returns to mortgage lenders beginning June 30. Left out of the loop, small-business lenders say getting credit to borrowers will become more difficult as a result.

Meanwhile, issuance in the far smaller private-label residential mortgage-backed securities market has shown relative strength so far this year, as forecast.

Former employees in the case sued Sprout for wages lost when it abruptly shut down. Separately, a former executive contesting a court procedure-related fine.

Both companies saw their stock rating cut because of their current valuation, similar to why Rocket's was previously dropped. They declined comment on the move.

The sponsor sourced the mortgage collateral from a range of originators, but none of them accounts for more than 10% of the pool balance.

Both purchases and refinances contributed to the weekly surge, with growth in government-backed volumes outpacing the overall market, according to the Mortgage Bankers Association.

Martin Henley is CEO of mea Platform, which he launched in 2021. With 20+ years spent modernising insurance operations worldwide, Henley has held senior technology posts across the industry, including as group CIO of XL Catlin (now AXA XL). Today, he channels that experience into fusing industry knowhow with AI, steering mea's continued triple digit growth.

The company has linked tradeline information to lien data in ways designed to help mortgage portfolio managers keep pace with property values as they change.

Mike Weinbach, a former Wells Fargo and JPMorgan leader, will replace president Chris Marshall who's expected to retire at the end of this year.