Jumbo specialist First Republic Bank boosted its first-lien holdings by 21.8% on an annual basis…

FHA/VA lending is the segment where brokers enjoy their biggest market share. In the jumbo space, they captured just 5.0% of second-quarter volume, along with a 17.1% share in the conventional-conforming market.

For the first half, the top five HECM lenders were American Advisors Group, One Reverse Mortgage, Synergy One, Reverse Mortgage Funding, and Fairway Independent Mortgage…

The legislation is aimed at ensuring homeowners do not lose time getting the modification approved when the loan is sold or transferred...

Redwood suggested changing the flat 5% risk-retention requirement on MBS with non-QMs to a standard based on the asset-level of loans in a deal.

A decline in interest rates typically helps increase mortgage originations, but this time is different, according to Fitch.

In addition, the new rules would establish an allowable range for commercial space between 25% and 60%, which would make it less cumbersome for mixed-use communities to obtain FHA approval. 

The $569.11 million MBS will be the third deal of the year from Verus with a dollar volume greater than $500 million.