Better's common shares trade for just $0.46 a unit...

A request for input from the CFPB is expected in the coming weeks.

Morgan Stanley is packaging GSE-eligible mortgages for investment properties into non-agency MBS.

Inflation figures for March were higher than anticipated, leading to a spike in the 10-year Treasury yield.

Agency securitization of purchase loans looks to have turned a corner in March, with volume rising 13.5% from February.

The FHLBanks followed existing rules when they continued to provide advances to Silicon Valley, Signature and First Republic banks prior to their failures last March.

Some banks are failing a RESPA test on whether payments are “reasonably related” to the value of the services provided.

“The producers move over to a new firm and that’s it — that’s the M&A activity,” said David Fleig, who runs MorVest Capital, a servicing advisory firm.

Rocket plans to offer its AI platform to other companies later this year.

Purchase-mortgage volume at Ginnie Mae increased by 13.9% on an annual basis in the first quarter of 2024.