Sarah Brundage, president and CEO of the National Association of Affordable Housing Lenders, noted that the Biden administration has given greater attention to the nation’s housing challenges than any recent administration, including initiatives to boost housing supply, provide relief for homeowners during the pandemic and tackle appraisal bias.

Prices were flat nationally in May, though they declined in four of nine regions across the country.

Wells has transitioned its tax-service functions to a third-party vendor.

Former GNMA chief Michael Bright: “Let’s say you’re going to do it. I think you’re going to have to lie to someone."

Originations in the first half of 2024 increased by 4.1% compared with the first half of 2023.

Goldman has an ABS with home improvement loans and Kiavi Funding is offering a rated RTL securitization.

The lender ranked 35th in the industry in terms of originations in the first half of 2024, according to Inside Mortgage Finance.

“Against this backdrop of diverging economic and monetary policy outlooks, fixed-income markets became more cautious and intra-quarter volatility increased,” said Peter Federico, president and CEO of AGNC.

Mr. Cooper's servicing portfolio will hit an unpaid principal balance of $1.56 trillion following its acquisition of servicing from Flagstar Bank.

Mr. Cooper will pay $1.4 billion for Flagstar Bank's servicing portfolio and third-party originations platform.