Capital markets

Nonbanks in home lending rely heavily on this type of funding and are carefully watching rules for depositories that offer it as the industry consolidates.

Over one-third of the struggling borrowers who received recast loan terms in the first quarter cut their monthly obligation by 20% or more.

Realtor, mortgage banking, depository, securities, community lending, building, insurer, credit union and fair housing groups foresee operational complexities.

The legislation has support among Republicans, who hold a slim majority in the chamber.

Two years after the Florida building collapse that prompted them, tighter "temporary" requirements may be doing more to ensure the structural integrity of buildings but they also intensify financial challenges.

The Connecticut company has been growing both on the originations and servicing sides of the business.

The government-sponsored enterprise has shared $25.2 billion of insurance coverage through its Credit Insurance Risk Transfer program.

Fee hikes at the government-sponsored enterprises are one remedy, the government-sponsored enterprise's regulator noted in its annual report to Congress.

The top five lenders have a combined residential portfolio volume of more than $900 billion at the end of Q1 2023.

The government-sponsored enterprise's chief executive managing the issue is looking at how things like roof pitch can mitigate the impact of natural disasters on homes.

The findings from Standard & Poor's show little impact from the Federal Housing Finance Agency's proposal regarding what information is required to underwrite a conforming mortgage.

If a lender can address language barriers, the loans can be simple to originate and are likely to deliver higher yields as well as ultra-low delinquency rates, experts said.

New loan acquisitions fell to their lowest level since 2020, but companies also grew shares of residential securities noticeably over the past three years, S&P Global Market Intelligence said.

Originations in the government-insured market also have been higher following the reduction in the Federal Housing Administration's premium.

While she had only been with the group full-time for four years, Kristi Leo's affiliation began as a consultant back in 2013.

More than any real world problem posed by IMBs, it is the government in all of its manifestations that poses a significant risk to the world of mortgage finance and the housing sector more generally, writes the Chairman of Whalen Global Advisors.

But activity is still very low, as just 1% of the market is in the position to refinance thanks to high interest rates, Keefe, Bruyette & Woods said.

The GOP has launched multiple proposals with this aim and a trade group is specifically backing an expansive one from Rep. Warren Davidson, R.-Ohio.

The government-sponsored enterprise has been using a predictive Jupiter Intelligence score suite to review its more than 17 million residential mortgage-related assets.

A pension fund looked to impose a fiduciary duty regarding a mortgage securitization instrument, but a federal judge said no.