The proposal is meant to address liquidity challenges servicers face from tax and insurance advances in an elevated interest rate environment.

The SFLS program is intended to yield a recovery to the MMIF that meets or exceeds the recovery obtained from a foreclosure-based claim.

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.)