Secondary

The real estate investment trust, while reporting a first quarter net loss, benefitted from growth and stable margins in its three mortgage production units.

Inflation and a possible Fed move impacting rates are concerns that product innovation and housing policy can help with, leaders said at an industry meeting.

Executives from Guild and NewRez discussed the steps they are taking as participants in the pilot phase of the roll out of VantageScore 4.0 and FICO 10T.

Department of Housing and Urban Development officials indicated that there are improvements in some delinquency stages and cure rates are better than expected.

Secondary market experts are split on whether the Fed's next move will be a rate decrease in 2027 or an increase, as more observers are now thinking.

When a company adds a new mortgage from an investor or pilots a new concept, how well it goes depends on margins and liquidity as well as loan officers.

The Mortgage Bankers Association now predicts a Federal Reserve rate hike to arrive in 2027, as housing price growth also slows over the next two years.

Standard & Poor's found modeled foreclosure frequency and loss coverage to be in similar ranges as classic FICO but showed concern about potential bias.

The government-sponsored enterprise sees current rate levels likely to stick for longer compared to past forecasts, with the Iran War looming in the background.

On a dollar basis, mortgage bankers earned $53 more on each origination versus the fourth quarter, while servicing net income was $64 higher comparatively.