Homes for sale that went under contract in February were on the market for an average of 54 days, the longest period for any February since 2020, according to Redfin.

Among 16 REITs that focus on investments in mortgage assets, holdings declined by 3.7% during the fourth quarter.

PennyMac has marketed an average of one non-agency MBS with GSE-eligible mortgages for investment properties per month since November.

“Much of that is seasonality,” said David Spector, chairman and CEO of PennyMac Financial Services.

Nonprime servicing volume among companies in the analysis has increased every quarter since 2020.

The freeze was extended to allow a U.S. district court judge to rule on a legal challenge to planned layoffs at the CFPB.

FHA activity fell 16.8% while VA production was down 15.1% from January.

The bill would cap purchases under the VASP program to 250 loans annually.

loanDepot’s gain-on-sale margin dropped from 3.33% in the third quarter to 2.60% in the fourth quarter.

The AG claims HEIs are comparable to reverse mortgages and should be regulated as such.