Rocket issued $41.35 billion of agency MBS in the April-June period, up 15.1% from the first quarter, with a surge in Ginnie loans.

The 21st Century ROAD to Housing Act, which passed with bipartisan support, is set to automatically become law on Saturday without Trump's signature.

Ginnie Mae President and Acting FHA Commissioner Joe Gormley said both agencies are looking for ways to incorporate artificial intelligence into their programs.

The trade groups are seeking some changes to condo appraisal policies set to go into effect next month as well as a delay in implementation.

A small increase in mortgage rates drove existing home sales down in June.

Brokers are increasing their production of non-qualified mortgages to keep up with rising demand, particularly from self-employed borrowers and real estate investors.

The first-quarter tally was the highest quarterly issuance total for Ginnie since the fourth quarter of 2021.

Optimal Blue said the market is adapting to a higher-for-longer rate environment.

400CM participated in a CRT issuance involving a $1.45 billion pool of mortgages originated by OceanFirst Bank.

Redwood is partnering with just one or two sellers on eNotes at the moment rather than with all of its 240 loan seller partners.