Moody’s Investors Service posted a hefty 47.7% increase in non-agency MBS ratings to $20.87 billion, tops in the market for the third quarter.

Presently there are two mortgage-related SPACs that are in progress: Better.com (a lender) and Southport Acquisition Corp., the latter of which is looking for plays in the software arena.

“We see this slowdown as a temporary consequence of the holidays, not as an indication that homebuyer demand is backing off,” said Redfin Deputy Chief economist Taylor Marr.

GAO found that between fiscal years 2016 and 2020, a mere 0.07% of mortgages purchased by Fannie Mae and Freddie Mac were made to borrowers without credit scores.

Another deal involving a fix-and-flip specialist, but this time the F&F firm is on the buy side...

Meanwhile, wholesale lending posted a hefty 46.4% increase in the jumbo market, though it still accounted for just 9.2% of that segment...

Evidence at trial showed the defendant used fraudulent means to apply for roughly $8 million in loans...

Equity Prime's lawyers are going to be busy in the new year...

The cost of money, however, for these lenders is starting to inch up. Then again, not everyone can borrow as cheaply as Rocket Companies...

The centerpiece of a new report is a list of 18 specific examples, some of which are outright illegal.