The appropriations bill includes $54 million in funding for Ginnie for fiscal year 2024 compared with $40 million in funding for FY 2023.

Production of expanded-credit mortgages declined 16.9% last year, while total first-lien originations dropped 40.6%.

State agencies established a set of mortgage and exam programs through the State Examination System.

Neuberger Berman last issued an expanded-credit MBS in August 2022.

Interest rates on GSE refis rose almost immediately after the adverse fee was announced and when FHFA removed the fee in July 2021, interest rates responded accordingly.

A small decline in interest rates last week helped to increase applications for purchase mortgages.

Combined, FHA and VA lending declined by 17.7% in the fourth quarter.

The REIT associated with Angel Oak companies reported a profit for 2023 after taking losses in the prior year.

Mortgage borrowers' obligations for property taxes and insurance are rising and interest rates are projected to fall, a foreboding combination for MSR investors.

A trial disclosure program launched in November for construction loans doesn't have any approved participants.