Ginnie EBOs tanked in the fourth quarter to just $620 million. Meanwhile, new earnings reports show just how much the reduction has affected companies engaged in such activities.

Credit Suisse completed the first part of the sale of its securitized products group; tighter pricing for Fannie with latest CRT offering; SEC’s rating service report light on details; retrial in GSE shareholder case set for July; RMF’s planned securitization scuttled.

The MSR sales market is starting to firm up a bit — and just in time. A handful of large packages are available, including two from Wells Fargo and one from a large nonbank. But will these deals get done?

Borrower use of buydowns spiked as interest rates increased in 2022, but “permanent” buydown activity has diminished somewhat this year.

Rocket Pro TPO is offering to compensate brokers trying to break free from market leader United Wholesale Mortgage, whose contracts prevent independents from doing business with two rival table-funders.

In a surprise move, loanDepot Executive Chair Anthony Hsieh has stepped down, though he remains as chairman. What’s clear: The LD founder is not a happy camper, as insiders sell stock and the firm’s fortunes fade.

Ruling in a redlining case filed by the CFPB against a nonbank mortgage lender, a district court judge said Equal Credit Opportunity Act prohibitions do not extend to prospective applicants.

Patrick McHenry, R-NC, new chair of the House Financial Services Committee, is viewed as a consensus-maker. But will his politics make it difficult to find common ground with the White House and Senate?

The National Consumer Law Center has called for flexibility in FHA’s property charge loss-mitigation policies, among other changes.

Albrecht cited “increased costs for technology and staff to handle dramatically higher regulatory demands from multiple states and the feds.”