Members of Congress on both sides of the aisle compared the conservatorship of the GSEs to that of Britney Spears.

While business is slow in most of the mortgage market, some non-QM lenders are anticipating a busy second half of 2023.

The fear is that if delinquencies rise significantly, nonbanks will have a tough time making the required advances to investors in Ginnie MBS.

Demand for mortgages declined as interest rates ticked up.

For years, Wells Fargo and JPMorgan Chase were the largest originators of jumbo mortgages.

Thompson was the sole witness at a hearing by the House Financial Services Committee.

There's some competition between FHA and private mortgage insurance companies, though much of their business is focused on different sets of borrowers.

In March, FHFA proposed adjustments to capital requirements for commingled securities held by Fannie Mae and Freddie Mac.

The GSE says the addition to its income assessment tool will expand access to credit.

The reason the loans are considered nonprime: a lack of income and employment verification.