Interest rates on mortgages declined in May and June but demand for purchase mortgages remained constrained. Industry participants aren’t optimistic that production will pick up much through the rest of the year.

The final guidance covers reasons for seeking a reconsideration of value and addresses compliance obligations involving appraisals.

The second quarter offered a “shockingly flat” environment for the asset value of mortgage servicing rights. But with interest rates beginning to creep lower, the third quarter could be a different story.

Economists still differ in their forecasts about how many times the Fed will cut rates this year and what that means for mortgage originations.

Investors are increasingly turning to the mortgage market to fund their home purchases rather than paying all cash.

Two publicly-traded mortgage companies recently completed reverse stock splits and a third split is in the works.

The product allows for debt service coverage ratio below 0.75, while many DSCR lenders require a ratio of at least 1.0.

The funding will go toward Faes & Co.’s F2 Finance, a fix-and-flip lender based in the U.S.

Jumbo MBS issuance is off to a strong start in the third quarter, with five deals marketing within the past two weeks.

A new reperforming loan securitization from MFA Financial includes loans originated through Change Lending’s low-documentation program.