Elevated interest rates and declining consumer confidence are cutting in to demand for home purchases.

Among the milestones that the effort is on track to meet: development of technology systems to accommodate the transition.

New American Funding is teaming with Kastle.

The GSE is selling two pools of nonperforming loans, its first NPL offerings in more than a year.

A rise in purchase-mortgage volume wasn't enough to offset declining refi activity.

Expenses reached their lowest level as measured by basis points since the third quarter of 2021.

“The highest mortgage rates of the year hit right in the middle of summer, and that’s pulling back contract signings,” said Lawrence Yun, chief economist at NAR.

Better is seeking a ruling requiring Garg to pause his activity and file required disclosures with the SEC.

The $337.5 million expanded-credit MBS Annaly Capital Management is marketing is much smaller than any other expanded-credit MBS the firm has issued this year.

Spreads on the second-quarter issuance widened significantly compared with the prior deals issued by the GSEs.