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Also, Freddie Mac and Fannie Mae's securitization platform shuns private-label market, UniversalCIS and Credit Plus merge and Arizent research shows work remains to reach industry DEI goals.

But overall improvement in September employment numbers are likely to encourage the Federal Reserve to begin tapering their asset purchases.

The current volume of distressed mortgages is now down by more than 70% from its peak pandemic level.

Because there are currently no obligations on the sector to file suspicious activity reports — and no penalties associated with not reporting — there is no real incentive to report, writes the vice president of SmartSearch.

The entire pool is comprised of fixed-rate, fully amortizing mortgages, with an average balance of $901,373. They are also first-lien loans.

Climate First Bank in St. Petersburg, Florida, is offering loans for condominium improvements that will reduce carbon emissions while fortifying buildings against serious weather events. More banks may implement similar programs in the years ahead.

The state, which has grappled for years with a shortage of affordable housing, will see prices rise 5.2% to a median of $834,000 in 2022, according to a forecast by the California Association of Realtors.

One issuer says inclusion of enhanced reporting is the first step toward putting the entire RMBS platform on the blockchain.

The share of borrowers who thought it was a good time to buy hit an all-time low, according to Fannie Mae.

In a recent note to clients, JPMorgan strategists including Nikolaos Panigirtzoglou noted that inflation surprises are likely to persist into 2022 as supply bottlenecks and commodity price rallies continue.