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Investor demand for loans made outside the qualified mortgage definition can shift over time. It's recently been going through a period of particular strength.

In a brave new world, Fannie and Freddie would be functionally like Pennymac and Mr. Cooper, but would have a credit line from the Treasury and FHFA regulation, writes the Chairman of Whalen Global Advisors writes.

The changes laid out in the agreement are technical, revolving around paperwork consumers complete at the beginning of the buying or selling process, and they add new wrinkles to an already complicated undertaking.

Vice President Kamala Harris outlined a raft of populist economic proposals in her first major economic speech since securing the Democratic presidential nomination, including some aimed at lowering housing costs and boosting supply.

The FHA share of new-home loan applications also increased to a new record high, according to the Mortgage Bankers Association.

A sizable decline in the South may have reflected the impact of Hurricane Beryl.

Loandepot and Mr. Cooper said they've spent tens of millions of dollars this year following recent, major hacks.

Their second quarter pace trailed pandemic highs but still accounted for one of every six homes sold nationwide.

In addition to promoting Tom Hutchens to president, non-qualified TPO Angel Oak Mortgage Solutions also named a trio of new executive vice presidents.

While the total dollar volume of apartment originations fell last year, the number of companies making loans increased from 2022, the Mortgage Bankers Association said.