Ginnie Mae should focus on enacting more durable liquidity backstops for its nonbank issuers, the Urban Institute recommended.

FHA delinquencies have improved slightly even as foreclosures rise, but servicers will continue to pressured by advances without substantial refinance proceeds, according to industry analysts.

FHA is engaging in a new computer matching program with the Social Security Administration.

Trade groups urge FHA property standard update; USDA allows funding for rental ADUs; Zillow launches FHA DPA; VA issues guidance on partial claim remittance; Ginnie hosting investor event.

Purchase mortgages accounted for 75.1% of prime non-agency MBS issuance in the third quarter, up from a 58.9% share in the previous quarter. (Includes three data tables.)

Rising interest rates have a distinct impact on the jumbo market, but borrowers and sellers in the space are finding a balance.

Redwood Trust reported a loss of $45.5 million in the third quarter, as well as a decline in its aggregation of non-agency mortgages.

Pennymac Mortgage Investment Trust posted a $25.4 million loss in the third quarter. The REIT is shifting its correspondent acquisition activity to focus solely on non-agency mortgages.

Rithm Capital’s Newrez saw success with non-agency mortgages as interest rates increased during the third quarter.

Valuations for holdings of mortgages and mortgage-backed securities declined amid rising interest rates.