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.

New legislation would establish an ombudsman’s office to assist financial institutions navigating the CDFI application process.