Combined, FHA and VA lending declined by 17.7% in the fourth quarter.

The REIT associated with Angel Oak companies reported a profit for 2023 after taking losses in the prior year.

Mortgage borrowers' obligations for property taxes and insurance are rising and interest rates are projected to fall, a foreboding combination for MSR investors.

A trial disclosure program launched in November for construction loans doesn't have any approved participants.

Effective immediately, Ginnie issuers must notify the agency of any cybersecurity incident within 48 hours after the issue is detected.

REIT holdings of MBS declined by 2.7% in the fourth quarter of 2023.

Pooja Pathak, a director at Metlife, an insurance company, said more non-QM assets are needed to meet demand from insurance companies, which are willing to pay a premium for the product.

VA processed 2,244 loan assumptions in 2023, compared with 308 in the previous year.

Annaly is a prolific issuer in the sector, but the only other time the real estate investment trust’s expanded-credit deals topped $500 million in volume was during the refinance boom during the pandemic.

Servicers retained only about 20% of borrowers that refinanced their mortgages during the fourth quarter of 2023.