The monthly decline in home prices in January was the first decline since August 2022.

Closed-end second liens accounted for an estimated 19% of home equity production in 2023, up from a 13% share in 2022.

CHLA asked FHFA and FHA to scrutinize employment-verification prices charged by Equifax.

"We’re talking about going to a lower pace," said Fed Chair Jerome Powell.

Loans originated by Rocket Mortgage account for 80.2% of the planned $316.0 million issuance.

The sharp increase in existing-home sales in February may just be a blip...

"There are likely several more challenging quarters ahead for mortgage companies," said Eric Orenstein, a senior director at Fitch Ratings.

Most major investor categories increased their holdings of MBS during the fourth quarter, while the Fed continues to let its holdings slowly run off.

Now that Judge Lamberth has issued his memorandum and order, the litigants can prepare for the (inevitable?) appeal.

The budget approved by Congress for Ginnie Mae for fiscal year 2024 included the largest annual increase in funding in the agency's history.