Condo Project Advisor enhancements will allow lenders to determine whether a loan for a unit in a project is eligible for acquisition by Freddie within minutes.

The $576.2 million non-agency MBS is the first from CalCon Mutual Mortgage.

Fitch rated $31.89 billion of non-agency MBS through the first nine months of 2023, which equaled 74.6% of total rated non-agency MBS issuance.

Alliant Credit Union is now offering government-insured mortgage products.

Among a group of large lenders, the broker share of the government-insured market declined to 20.4% in the third quarter, down from 21.2% in the second quarter.

Jamie Dimon, chairman and CEO of JPMorgan Chase, raised concerns about a capital requirement proposal at a hearing in Congress Wednesday.

Rep. Patrick McHenry, R-NC, is currently the chairman of the House Financial Services Committee.

“There’s just incredible pent-up demand right now,” said Aaron Samples, chief revenue officer of Logan Finance.

Refi applications are up on an annual basis while purchase-mortgage demand lags.

The ECM sector’s share of total originations declined to 2.3% in the third quarter.