Assuming an average prevailing interest rate of 2.99%, Fannie Mae estimates that 64% of all mortgages are at least 50 basis points "in the money."

But there’s something else to think about here. Let’s say Democrat Joe Biden (DE) wins the White House in November. After being sworn into office, will he act swiftly to dismantle this very controversial loan-level private adjustment?...

Roughly 68% of the collateral is located in California. The seller would like to strike a sale agreement by the end of September.

Mining for gold in the hills of the mortgage vendor community? Hey, isn't that Bill Foley?

Other sectors of the jumbo market saw more measured gains...

FHFA said it originally approved the purchase of forborne loans to improve liquidity in the market. On Wednesday, agency Director Mark Calabria reiterated that assertion: “Extending these COVID-19 flexibilities helps keep the mortgage market moving and borrowers safe during the pandemic.”

New residential applications fell once again. Time to worry? Hardly...

The bulk of the REIT’s involvement in the non-QM market so far has been through LendSure Mortgage, an originator it owns a stake in...

If the language goes into effect as is, the role of government entities that provide assistance could be limited...

MFA's first non-QM MBS was on track to be issued in March until volatility from the coronavirus scuttled the deal.