Loan balances up to $300,000 made up the largest cohort of spec-pool issuance, accounting for 9.0% of the transactions in the second quarter.

Daniel Lewis, the interim CEO, joined Better's board July 27.

The National Community Reinvestment Coalition, an advocacy group representing more than 750 community organizations, said FHFA “must improve the rigor of its proposed rule so it can accurately measure the GSEs’ activities in underserved markets and encourage an increase in those activities.”

The real estate investment trust turned a $3.4 million profit, helped by changes in the fair value of its holdings.

Fannie Mae issued three consecutive monthly CRT deals through April, then paused issuance until this new offering.

Pennymac originated $4.16 billion in volume to prime non-agency MBS issued in the second quarter, according to a new ranking and analysis by Inside Nonconforming Markets.

Ben Jackson, president of ICE, said during an earnings call last week that the mortgage segment will be aided by a growing artificial intelligence business.

Delinquencies initially rose when FHA implemented changes to its loss-mitigation waterfall in October, installing trial payment plans that keep delinquent loans pooled for three months, generally, before the servicer can buy the loan out for a modification.

Optimal Blue added FICO Score 10T to the platform in June.

The Senate confirmed Jay Clayton as director of national intelligence last week.