Capital markets

Various affiliated companies participated in the creation of the transaction, including its publicly traded REIT, which owned a significant portion of the mortgages.

Average scores remain unchanged but signs of payment stress keep emerging, with Fannie Mae's serious delinquency rate up for the first time since August 2020.

Alanna McCargo, president of the housing agency, is fulfilling her pledge to halve the waiting time for reperforming loans.

The Federal Housing Finance Agency will be looking at the government-sponsored enterprises as a means of doing more to address renter affordability challenges.

Foreclosure prevention actions overall fell for the sixth time in seven months in October, according to the FHFA.

The breaks for some lower-income borrowers are welcomed, but the use of debt-to-income as a differentiator could complicate originations at a challenging time, lenders say.

Currently, there's no standard mechanism for lenders to easily access this information.

The government agency is also allowing the use of certain alternative audit procedures to continue.

Updates will become effective on May 1 and a uniform mortgage-backed securities fee reduction will begin on April 1.

Far bigger transactions were rumored to be brewing in line with megabank Wells Fargo's recent announcement it'll be reducing its portfolio.

For those willing to experiment with the strategy, it could be a long-term differentiator.

The latest month's volume was more than $20 billion lower than in March 2020.

While mortgage and real estate startups currently face a challenging environment in seeking investors, some companies are finding venture capital.

The transactions, combined with news Wells Fargo will be shedding some mortgage servicing rights, add to indications that prices for investors may be more favorable this year.

Among its major accomplishments in the past year were an update to its Reference Model, the foundation for most of its standards.

MSR trading is picking up a little from its seasonal lull but values may not get as high as they did last year, some experts say.

The U.S. Supreme Court turned away four appeals from shareholders of the government-sponsored enterprises who said they were entitled to compensation after the Treasury collected more than $100 billion in profits from the government-sponsored enterprises.

The sector is not immune to the same economic instability that affects the single-family residential market, the Mortgage Bankers Association said.

Other investors could step into the breach as depositories depart, and the strain on nonconforming borrowers might not be that bad, recent forecasts suggest.

The change allows for more accessible financing options for a greater number of listings, but not all of those potential buyers qualify for conforming mortgages, Zillow said.