Income declined somewhat at the REIT in the first quarter and losses tied to the value of MBS holdings and hedging jumped compared with the first quarter, with extreme volatility early in the second quarter tied to tariff policies.

“We have far too many long-term assets on our balance sheet,” said Federal Reserve Governor Christopher Waller.

While many of these tools have been included in GSE automated underwriting systems for some time now, both Fannie and Freddie are highlighting the role of third-party data, income modeling and rent recognition in reducing friction and expanding the pool of mortgage-eligible borrowers.

Goldman has issued two other HELOC securitizations since May 2024, leaning on loans from United Wholesale Mortgage.

Consumers are suing loanDepot over allegations it used illegal compensation structures to encourage LOs to push higher interest-rate loans.

Conforming-jumbo loan issuance spiked in the second quarter after a weak start to the year.

Republicans are looking to loosen the Consumer Financial Protection Bureau's regulatory grip.

Mortgage market stakeholders are uncertain how an end to the conservatorships of Fannie Mae and Freddie Mac would play out.

A servicing decline led to 4% less mortgage-related revenue for PNC.

Competition heats up between VantageScore and the Fair Isaac Corporation.