There’s more demand for mortgage servicing rights than there is supply at the moment, helping to keep prices for the assets elevated. Even if MSR sales increase this year, prices are expected to remain firm.

The Federal Housing Finance Agency’s approval of the controversial pilot program comes with several conditions that limit the size and scope of Freddie’s second-lien purchases.

The first quarter of 2024 was trying for most privately held nonbanks, but it appears volumes and profits turned a corner in the second quarter. The reason: cost cuts and less competition. Call it the “new normal?”

What might JPMorgan do with the relationship managers attached to the $5 billion in warehouse loans it’s buying from Flagstar? To date, JPM hasn’t talked about details of the yet-to-close deal.

The Treasury Department announced $100 million in affordable housing funding, while HUD named recipients of its Pathways to Removing Obstacles to Housing grant competition.

The final rule on the use of automated valuation models in mortgage lending includes a standard that seeks to ensure compliance with nondiscrimination laws.

Investor purchases of single-family rentals are on the rise, with many of the new rentals being owned by smaller independent investors.

The CFPB has permanently banned three companies from servicing reverse mortgages. Separately, the bureau issued a proposed order against Freedom Mortgage for repeated submissions of faulty HMDA data.

Non-QM lenders are bullish about the sector’s potential despite headwinds in the housing market.

During hearings last week in Congress, CFPB Director Rohit Chopra addressed a number of issues involving the mortgage market.