Condo loans continue to receive added scrutiny at the government-sponsored enterprises.

The percentage of GSE multifamily investment in areas of concentrated poverty increased in 2022, both in dollar and percentage terms.

Executives at Kind Lending and Paramount Residential Mortgage Group said lenders need to boost staffing levels to be prepared for increased originations this year.

Proceeds from the recent issuance have largely gone toward paying down the companies’ debt issuance from 2021 when they needed funds for their refi business.

A Senate Banking subcommittee last week heard testimony on the pros and cons of using artificial intelligence in the housing industry.

Although almost all of the cost of funding a loan through MBS is passed through to consumers, borrowers only see about 40% of the “cost” of a specified pool pay-up.

While Senate Democrats largely called for additional federal aid, Republicans sought more accountability for existing programs.

Annaly Capital Management is preparing to issue a rare non-agency MBS stocked solely with bank-originated adjustable-rate mortgages. Loans in the MBS were originated by Associated Bank.

A look back at prior interest rate cuts by the Federal Reserve suggests that agency MBS outperform competing assets in that environment.

Credit unions have found a way to unload low-coupon agency-quality mortgages through participation deals. MIAC is working on a $100 million transaction.