“You’ve got an ever-increasing number of investors and insurance companies, securitizers and aggregators, all competing for what feels like a smaller set of loans,” said Clint Thomas, vice president of correspondent lending at Silver Hill Capital.

While interest rates declined again last week, mortgage applications didn't move much.

Compass and Anywhere Real Estate have separate mortgage joint ventures with Guaranteed Rate.

Kroll Bond Rating Agency is facing increased competition in assessing non-agency mortgage-backed securities.

FHA shut down its loan review system after users reported having issues logging in.

Jim Rosen, head of product management and services at Mortgage Cadence, said lenders need additional guidance from FHFA and the GSEs.

Sales of existing single-family homes in California increased by 0.9% on a monthly basis in August.

Non-agency jumbos accounted for 15.8% of total first-lien originations in the second quarter of 2025, the highest share for the sector since late 2022.

The homebuilder is still turning a profit, but margins are getting squeezed.

It takes time to build volume for an HEI securitization because of the relatively small size of each HEI contract.