Finance

Sens. Elizabeth Warren and John Hickenlooper say recent data suggests there is "no need for restrictive interest rates" and easier monetary policy is necessary to lower housing costs.

Mortgage professionals are focusing on housing policies and the Federal Reserve this November.

Remax, the real estate brokerage and mortgage broker franchisor of Motto Mortgage, rebounded from a year ago loss in a tough news cycle for both its businesses.

For the eighth consecutive quarter, ICE Mortgage Technology lost money on a GAAP basis. Using a pro forma calculation involving Black Knight, operating income increased from a year ago.

The government-sponsored enterprise's single-family loan purchases hit a high for the year, but benefits in other areas were lower than in comparable periods.

Core PCE held steady as service costs rose, but the overall report maintains the central bank's flexibility ahead of next week's Federal Open Market Committee meeting.

Drey Roberts and his team move to de novo warehouse lender Primis Bank as former home Independent Bank makes a strategic exit.

The government-sponsored enterprise reported its best quarter of the year in terms of net income as well as single family business acquired as rates fell to 6.08%.

The Dallas-based bank swung to a loss in the third quarter after reclassifying a large bundle of multifamily loans that it plans to offload under a recently announced strategy pivot.

The REIT's Newrez arm suffered a servicing valuation hit, but reported gains across each of its origination channels.

The notes receive credit enhancement from overcollateralization, and an initial reserve.

Homebuilder stocks are tumbling Tuesday, down as much as 7.8%, after D.R. Horton delivered a 2025 revenue forecast that failed to meet Wall Street's expectations.

Nearing the first anniversary of its acquisition of Roundpoint, the company is focusing on MSRs and will now be known simply as Two.

Freddie Mac also indicated that it will be proceeding with its closely watched second-lien pilot, while Fannie reported gains in serving credit invisible borrowers.

Mortgage bonds get hit hard when there's growing uncertainty about the direction of rates, due to the election, because their returns depend so much on it.

A trade group's estimates point to another quarter of profitability in housing finance, but originations have limits and loan performance is under pressure.

The lender and servicer will use proceeds to erase a series of notes due over the next three years.

The deal will repay investors on a hyrid pro rata, sequential basis. Credit enhancement ranges from 51.7% on the class A1A notes to the 2.25% on the class B2 notes.

A big part of the trouble with the RBC rule is that Ginnie Mae is essentially using its limited legal authority to qualify government issuers to impose sweeping changes on how IMBs operate writes the Chairman of Whalen Global Advisors.

The Top 50 Firm based in Cleveland is the latest to receive a private equity investment, in this case from Lovell Minnick Partners.