While the first quarter didn't go much better than the fourth quarter, officials at the REIT suggest better times are ahead.

Impac's stock was trading at $0.22 per share when trading was suspended.

The CFPB is aiming to prevent foreclosures tied to older second liens.

Invictus Capital Partners was the top issuer of expanded-credit MBS in the first quarter of 2023.

The nonbank is set to acquire mortgage servicing rights and the servicing operations of Rushmore Loan Management.

CFPB Director Rohit Chopra cited the mortgage industry as an area of concern.

“There’s nothing like being in a room and being able to discuss what are the hiccups, where from a policy standpoint can we do better,” said John Bell, executive director of the VA loan guaranty program.

First Republic Bank's stock price dropped by 50% the day after the bank released earnings for the first quarter.

Loans with MI represented 63.8% of total mortgage-backed securities issued by Fannie, Freddie and Ginnie in the first quarter.

First Republic Bank plans to shift to originating loans for sale into the secondary market.