Finance of America took a hit in the second quarter from the cost of integrating the operations of AAG into its business.

VA stopped accepting new applications for its temporary COVID-19 partial claim payment program last October. A new circular updates the servicer waterfall to reflect current home retention options.

The Department of Housing and Urban Development and the National Association of Real Estate Brokers are partnering to help address appraisal bias through professional training and consumer education.

The delinquency rates on FHA and VA loans decline; USDA revises areas that no longer qualify as “rural” under its single-family housing program; FHA has released updates to its single-family housing policy handbook.

MFA Financial reported a loss in the second quarter of 2023 even though the REIT saw strong growth in business-purpose lending.

On completion of the merger, AGMIT and WAMC will have a combined investment portfolio of $5.7 billion, largely made up of non-agency mortgages.

Velocity Financial increased loan production in the second quarter as demand for business-purpose loans spiked.

Following a brief pause on acquiring new loans, the REIT affiliated with Angel Oak Companies plans to increase its securitization output.

Real estate investment trusts are merging as the market begins to shift amid changes to capital requirements for banks.

Slate of new MBS announced; A&D offers high-FICO discount on non-QMs, UWM updates jumbo program; Stellar approved for due diligence by DBRS Morningstar.