Conventional MSRs are selling near a seven multiple.

The loss was driven by a decline in valuation of residential mortgage loans, including those held within securitization trusts.

Several changes to Fannie's attorney fees exhibits will kick in on Jan. 1.

Cotality expects elevated mortgage rates to limit homebuying opportunities in 2027.

Among a group of 25 publicly traded banks, earnings were down 12.0% from the first quarter, with wide dispersion in performance at individual banks.

FHFA gave Fannie Mae high marks for its performance in the duty-to-serve market for manufactured housing even though Fannie missed all four of its target objectives.

Budget cuts will eliminate “OIG’s capacity to identify, investigate and develop the evidence necessary to prosecute fraud schemes involving the multifamily mortgage market,” said Acting Principal Deputy Inspector General James Hodge.

Pennymac is projecting $160 million of annualized expense reductions from the second quarter of 2026 to the first quarter of 2027, including a sharp step-down in the new year.

VantageScore appointed Anthony Hutchinson as its interim CEO and president.

An estimated $490.0 billion of first-lien mortgages were originated in the third quarter, down 15.5% from the second quarter, according to a new ranking and analysis by Inside Mortgage Finance.