Finance

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.

The real estate investment trust and correspondent lender also anticipates improved subservicing costs due to a larger trend in the mortgage market.

This is the first RTL transaction for Roc360 Real Estate Income Trust, the deal's sponsor, in three years. Also, it is Roc360's first rated RTL transaction.

Price tags for the industry leaders' homes either stayed the same or declined from the same time a year ago.

The company's earnings looked more favorable when adjusted for the one-time charge, and it reported record levels of liquidity during the quarter.

The danger for the central bankers is that "they go too fast or too slow and that risk is higher now than it was six months ago," BofA Chief Executive Brian Moynihan said.