“There’s a big gap between what people are currently paying for insurance and probably what needs to be collected to cover damages,” said Dave Burt, CEO of DeltaTerra Capital.

The impairment rate on securitized non-QMs increased by more than 100 basis points between August and December.

FHA’s share of the primary mortgage insurance purchase business grew from 25.7% in 2022 to 32.1%.

United Wholesale Mortgage is offering a 100-basis-point pricing incentive for conventional rate/term refis.

A close reading of the Federal Open Market Committee’s statement Wednesday suggests that the Fed’s next move will likely be a cut, according to the MBA.

The commission structure for real estate agents is poised for a shakeup in the wake of the legal issue facing the National Association of Realtors.

Incenter is marketing a sale of GSE MSRs with a total unpaid principal balance of $15.06 billion.

The GSE servicing share among large independent mortgage banks went from 36.6% at the end of September 2023 to 36.9% at year-end.

This year's scorecard includes more focus on the multifamily businesses of Fannie Mae and Freddie Mac.

The bank's gain-on-sale margin fell from 59 basis points in the third quarter of 2023 to 32 bps in the fourth quarter.