Rocket Companies reported a net income loss of $232.6 million in the fourth quarter of 2023.

KBRA said home-improvement ABS are performing better than securitized unsecured consumer loans with similar borrower credit characteristics, but worse than securitized prime auto loans.

The San Francisco FHLBank says the move will allow it to expand the pool of creditworthy applicants.

Fannie's new operations head comes from Morgan Stanley...

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.