The Mortgage Bankers Association called on Ginnie Mae to create a new securitization program for early-buyout loans.

The trade group wants clarification on FHA’s plan to allow rental income from boarders in a primary residence to inform underwriting.

Industry braces for shutdown; CHLA wants FHA, Ginnie budgets increased.

After explosive growth in the second quarter, originations of adjustable-rate mortgages failed to keep pace with overall originations. (Includes data table.)

Correspondent lenders took some market share from both the retail and broker channels in the nonconforming market in the third quarter. (Includes two data tables.)

Oaktree expects market share for correspondents in the non-qualified mortgage market to grow next year.

A&D Mortgage’s new AI chatbot will allow brokers to get real-time answers to questions regarding non-QM guidelines.

Shellpoint handled servicing on 32.3% of the non-agency MBS issued during the third quarter. (Includes data table.)

Lenders in the fix-and-flip market believe the real estate investment market is showing positive signs for next year.

JPMorgan Chase started marketing a variety of non-agency MBS over the past two weeks, including its first deal stocked with non-QMs for primary residences.