“This is the most attractive time to be acquiring residential loans since I started in the market in 1991,” said Carl Bell, a senior managing director at Invictus Capital Partners.

The Irvine, CA-based lender has teamed up with a money manager to buy non-QMs.

Guild generated a profit of $28.4 million in the first quarter of 2024.

Goldman markets a new jumbo loan, Fannie releases results of a non-performing loan sale, Sachem's revenue grows in the first quarter and UWM's CEO downplays pricing initiatives.

Fannie and Freddie are facing portfolio losses due to the mortgage market.

UWM returned to a positive net income during the first quarter of 2024.

If the rule is adopted, ABS and MBS reporting timeframes will tighten.

Credit reporting issues took the top spot for consumer complaints submitted in the first quarter.

To this point, access to Fannie's income-calculation tool was only available through third parties.

The increase was driven by purchase mortgages, with volume up 11.3% on a monthly basis to $67.87 billion.