The early closing option on multiclass transactions will help to create more demand for Ginnie’s MBS, according to former Ginnie President Ted Tozer.

To many in the industry, it looks as though the worm has turned and lower rates are a sure thing, thanks to recent benign inflation readings. But maybe not and that’s why CHLA is continuing its efforts regarding MBS buyers and more.

CalCon Mutual Mortgage plans to issue a $576.2 million non-agency MBS with mortgages eligible for sale to the GSEs. It will be the first non-agency MBS from the issuer.

Space Coast Credit Union's first securitization, composed of prime auto loans, should perform well compared to its competitors, according to rating services.

With the cost of credit reports rising, many lenders have begun increasing their use of cheaper soft pulls for borderline borrowers. However, lenders say credit bureaus are raising the price for those as well.

Subservicing volume declined during the third quarter, which might explain some of the recent consolidation in the space.

It’s unclear whether loans that have gone into forbearance post-pandemic will be eligible for new repurchase alternatives.

When it comes to warehouse finance of nonbanks, one lender’s exit could be another’s opportunity for future growth, at least that’s what executive Kevin Mitzit of Wintrust is hoping for.

U.S. Mortgage Insurers President Seth Appleton is encouraging FHA to focus on keeping its Mutual Mortgage Insurance Fund healthy.

A proposal from the Federal Communications Commission could sharply limit lead generation activity. Meanwhile, the CFPB apparently can’t do much about trigger leads and legislation in Congress hasn’t moved.