Justices appointed by Republican presidents were among those who expressed some skepticism about arguments offered by the Community Financial Services Association of America.

Among the top 100 lenders, banks accounted for 30.9% of originations in the second quarter, up from a 29.9% share in the first quarter.

A coalition of consumer groups, including the National Consumer Law Center, recommend that lenders adopt a reconsideration of value process “as close to mandatory as possible outside a formal rule.”

Chase increased the agency MBS in its trading accounts by $11.20 billion during the second quarter, boosting its total to $86.52 billion.

An amicus brief filed by the Mortgage Bankers Association and other housing industry trade groups was discussed Tuesday in the Supreme Court.

GSE-related buybacks increased by 2.3% on a quarterly basis.

“Our profitability is great,” said Stan Middleman, president and CEO of Freedom Mortgage. “It’s just not coming from originations this year.”

In the conventional-conforming sector, the securitization rate rose to 71.4% from 68.8% as Fannie Mae and Freddie Mac churned out new MBS faster than the market was making new loans.

Delaware Supreme Court Chief Justice Collins Seitz wrote that ACE’s argument against making an insurance payout would effectively exclude “just about anything remotely connected to the professional service” from receiving insurance coverage.

Rocket leads the pack on expanding conforming-loan pricing ahead of 2024 loan limits.