Although loan broker employment continues to rise, the market share for table funding declined in the first quarter, according to exclusive survey figures from Inside Mortgage Finance.
The Federal Housing Administration has streamlined requirements for permissible sources of downpayment funds, which should be a boost to borrowers using government financing.
Feedback from residential servicers indicates that the number of new loan modifications on mortgages in non-agency MBS this year will be near levels seen last year.