The increase was driven by higher scores on purchase mortgages.

Servicers can begin offering the new option May 1, but must make it available by Jan. 1, 2025.

Michael Strauss is accused of funneling roughly $27 million out of the company before its demise in the summer of 2023.

Fix-and-Flip lender Kiavi says it has already seen a boost in its pipeline in the first six weeks of the year.

NYCB takes on the Flagstar name across both brands.

The jumbo market’s share of first-lien production narrowed in the fourth quarter of last year.

Redwood Trust reported a $21 million profit in the fourth quarter that was attributed to the company’s push to boost its liquidity for 2024.

The MBA was part of a trade group coalition that called on the VA to align minimum property requirements with standards already established by the GSEs.

The new partnership's benchmarks focus on the non-QM and prime-jumbo markets.

Fitch maintained its top ranking in rating both ABS and non-agency MBS deals issued in 2023.