The increase in mortgage applications was driven by refis.

The share of loans with a credit score of 740 of above increased from 69.65% for deliveries to the GSEs in the first quarter of 2024 to 70.80% in the second quarter.

Both BofA and PNC increased production compared with the first quarter of 2024, though volume was down compared with the second quarter of 2023.

HUD charged Rocket Mortgage and other entities with appraisal bias.

The Supreme Court's ruling striking down Chevron deference could prompt legal challenges to the CFPB's rules and alter the CFPB's rulemaking going forward.

Two entities at JPMorgan Chase started marketing separate prime non-agency mortgage-backed securities Monday.

Issuance of residential mortgage-backed securities increased by 25.1% from the first to the second quarter of 2024, hitting $304.37 billion.

As soon as July, FHFA plans to issue a proposed rule that would establish standards for the GSEs related to returns on capital for new single-family mortgage acquisitions.

New construction and non-qualified mortgage products are performing well despite limited inventory impacting purchase originations.

With the new securitization, Rocket's non-agency issuance of closed-end second liens will hit $2.19 billion for the year.