“The potential for growth of the sector is massive,” said Sainadh Polisetty, a senior vice president of investments at One William Street Capital Management.

MFA Financial, Rithm Capital and Annaly Capital Management all started marketing new non-agency or jumbo MBS deals this week.

Analysts predict that a rate cut later this month could be as high as 50 basis points.

A cooling job market is good news for the prospect of interest rate cuts.

Locks for rate/term refis doubled in August compared with July.

Among a group of 20 prominent nonprime servicers, portfolios increased by 0.6% in the second quarter.

The discount applies to most types of refis, through Oct. 31.

The Consumer Federation of America said buyers using FHA loans often face stigma when buying a home and cannot use many competitive strategies that are common to conventional and cash buyers.

The Loan Store acquired Homepoint Financial’s wholesale lending operations last year.

The Fed's anticipated rate reduction is already baked into mortgage interest rates...