Capital markets

This data release means another milestone for the use of updated credit score models than the current FICO Classic has been met by Fannie Mae and Freddie Mac.

The Department of Housing and Urban Development got 67 responses to its request for information regarding the FHA program's Minimum Property Requirements.

The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.

The move may have been related to the government-sponsored enterprise's duration gap but could also have resulted from many other considerations.

Fake jumbo mortgages are helping non-agency securitization growth, but these loans could have higher than expected delinquency rates, an analysis said.

AnnieMac CEO Joe Panebianco has navigated a broad range of risks, from cash buyer competition to shifts in the market's loan product mix, with a unique leadership style.

The bill was one of three filed on Thursday aimed at reforming the two government-sponsored enterprises, all of them from Representative Scott Fitzgerald, a Wisconsin Republican. 

DSCR loans once allowed coverage ratios as low as 0.65, but 2023-24 vintage stress is pushing lenders toward stricter underwriting and interest-only structures.

Disclosures from the housing-finance giants show their duration gaps — a measure of how closely assets, liabilities and hedges offset one another — have widened sharply in recent months, leaving their holdings more exposed to rate swings.

Almost 75% of brokers reported growing non-QM volume in their business over the last three years, and just 3.7% said volume decreased, according to AD Mortgage.

Fannie Mae's conservator is supporting the government-sponsored enterprise's test within certain boundaries, according to a recent social media post.

The notice of proposed rulemaking promotes manufactured housing loans backed by personal property while advising the rollback of requirements in other areas.

Five years after the Champlain Towers South collapse, while overall condo sales have held steady, the Miami market has had an 8 percentage point drop in share.

Despite high rates and the "locked-in" effect, many Gen Z and millennial homeowners want to bring down their monthly mortgage payments

DSCR loans now make up nearly a third of non-QM issuance, but rising rates and thinning yields could expose hidden risk, writes the Chairman of Whalen Global Advisors.

Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.

Trump's maneuver threw a wrench into Senate leaders' plans to install Clayton in the post before FHFA's Bill Pulte could take the position on an acting basis.

Two-year Treasury yields, which track expectations for monetary policy, steadied on Thursday at around 4.17% after shooting up 13 basis points Wednesday.

The Federal Housing Finance Agency's annual report to Congress asks for enforcement and referral powers beyond the limited ones it currently has.

Rithm and UWM Holdings are the favorite names among publicly traded lenders, while BTIG adds coverage of Better Home & Finance at a buy rating.