The publicly traded nonbank posted net income of $10.8 million in 2Q22...

VA activity was hit the hardest, with lending volume off 14.7% sequentially in 2Q22...

Better, which remains privately held, has yet to release its 2Q22 results.

The CEO discouraged observers from comparing AAM’s operations to those of traditional non-agency aggregators...

The new benchmarks are based on the percentage of affordable units, rather than the absolute number...

The top three jumbo lenders in 2Q22: Wells Fargo, JPMorgan Chase and Bank of America...

loanDepot, the nation's seventh largest home lender, is seeing its debt get heavily discounted...

Fannie Mae said it’s still working with Freddie and the FHFA to  “assess the impact" of the incident...

The new standards are a result of a collaboration between Ginnie and the Federal Housing Finance Agency to align rules for their counterparties. Most of the new standards take effect Sept. 30, 2023.

The most popular option is when another veteran assumes the VA loan and trades the benefit eligibility, said John Bell, executive director of VA’s Loan Guaranty Service.