Ginnie Mae emerged victorious in a lawsuit brought by Texas Capital Bank over an extinguished lien on collateral for Reverse Mortgage Funding’s home equity conversion mortgages. TCB plans to appeal the ruling.

Only a handful of banks with less than $25 billion in assets have completed CRT transactions.

S&P says the current AA+ rating enjoyed by the GSEs is a function of their government support. Because of their capital shortfalls, both GSEs have a B- standalone credit profile rating.

Concern is rising that auto, mobile phone and home improvement ABS could face more defaults and poorer performance due to increased tariffs.

The stock market is volatile and interest rates are rising. Dozens of mortgage company owners are pondering their options.

Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.

Fannie and FHFA accused the employees of fraud and deceitful actions, but provided no details of wrongdoing.

JPMorgan Chase recently paid 6.5-times the servicing fee for a package of low-coupon mortgage servicing rights.

Nonbanks accounted for 65.2% of the residential mortgages originated in 2024. All of the top five lenders were nonbanks and they all gained market share. (Includes two data tables.)

Nonbanks are offering discounts ahead of a spring homebuying season filled with uncertainty.