The share of renters who expect to purchase a home is declining, according to a survey conducted for Freddie Mac. Even though many renters reported optimism about their financial situations, saving for a downpayment and other factors present hurdles to financing a home purchase. Some 41 percent of renters surveyed said they expect to purchase a home, down from 45 percent in September. Freddie also found that the number of renters who say they are working toward homeownership fell from 21 percent in September to 15 percent in March. Most renters said...

We understand that some surprising names are beginning to show up at auctions for nonprime, non-agency whole loans...

The largest civil money penalty imposed by the board was $604,000 as part of a settlement with Ocwen Loan Servicing...

Average DTI ratios on prime non-agency MBS range from 30.0 percent to 33.0 percent in any given quarter.

A reason to go digital? According to one study, the mortgage market consumes almost 2.2 billion sheets of paper annually, which is equivalent to more than 260,000 trees...

While the market for nonprime MBS was relatively strong during the first quarter, Moody’s said some investors have shied away from the sector.

John Getchis, senior vice president at Ginnie Mae, said he does not think the churning trend will continue…

But there was some good news: BofA reported $4.05 billion of second lien production in the first quarter, a 13.7 percent improvement from the prior period.

In 2016, Movement Mortgage added 201 branches in five states. It now has 662 locations in 47 states.

Of course the bigger question is this: what role, if any, will the Fed play in deciding the future of Fannie and Freddie?