Some $3.86 billion of expanded-credit MBS was issued in the first quarter, up 13.2% from 4Q20...

Among the key risks highlighted with the use of AI: explainability, data usage and dynamic updating...

Bray noted that Ginnie’s memorandum, which established a new pool type for re-performing loans, “puts significant restrictions" on issuers, increasing both the risk and the cost...

When it comes to forbearance, Black Knight noted widespread improvement “with all investor classes seeing significant declines" in active cases...

IMBs employed 257,100 full-timers at Feb. 28. A year ago, the reading was 36,000 positions lower.

Some $11.40 billion of these loans — often used for fix-and-flip lending and bridge financing — were originated in 2020...

Old-fashioned rate-term transactions still accounted for most of the VA refi market, at 89.1% in the first quarter...