Goals for acquisitions of purchase mortgages for low-income borrowers would be reduced under the proposal.

Redwood is marketing a $684.6 million jumbo mortgage-backed security.

Mr. Cooper and all of its servicing functions will be rebranded “under the Rocket umbrella.”

Money market managers and insurance companies increased their holdings of single-family MBS during the second quarter.

The trade group said raising the exclusion will help "unlock supply in the housing market."

"National banks may be required to comply with a wide range of state consumer financial laws," according to lawyers at the law firm of Ballard Spahr.

Sens. Elizabeth Warren, D-MA, and Andy Kim, D-NJ, wrote to the leader of the Federal Emergency Management Agency, citing issues with the National Flood Insurance Program.

Home prices declined on a monthly basis for the second consecutive month in July, according to FHFA.

Better, which does not service loans, has new originations partnerships with two unidentified companies.

Since mid-2022, the agency has been gaining servicing share with lenders turning to FHA mortgages and loans through the Department of Veterans Affairs.