JPMorgan Chase, the system’s biggest member, reduced its FHLBank advances by 20.3% over the past year.

Onity received $49.5 million for the sale.

Some nonbanks are placing exceptionally high bids for MSR, counting on being able to recapture a high number of borrowers with refinances when interest rates decline.

Fitch assigned a B rating to the planned $400 million senior unsecured debt issuance from Planet Financial Group.

In the third quarter, conforming jumbos accounted for 5.4% of total agency business.

“For MBA, the most critical issue to address before releasing the GSEs is the establishment of an explicit federal backstop for mortgage-backed securities,” according to Bob Broeksmit, president and CEO of the Mortgage Bankers Association.

At the end of fiscal 2024, the bureau had 1,758 employees, up 5% from a year earlier.

It's the first securitization of closed-end second liens from the affiliate of Ellington Management Group.

FHA’s new cyber incident reporting requirements align with those of the federal banking regulators.

The baseline conforming loan limit for a one-unit property will be $806,500 for 2025.