“I would characterize trades these days as being more strategic than necessary,” said Nick Letica, chief investment officer at Two Harbors Investment.

The Structured Finance Association applauded the senators' efforts.

Figure generated $89.8 million of net income in the third quarter, well beyond the $29.4 million in income the company had in the first half of the year.

Rice Park says the "strategic" acquisition expands its capabilities across the mortgage value chain.

Most of the gain came at the cost of the correspondent channel.

The bureau's information security program has regressed from fiscal 2024.

Foreclosure starts rose nearly 20%, while completed foreclosures were up 32% from last year.

Rate-term refi deliveries to agency MBS more than doubled on a monthly basis to $25.37 billion in October.

The bureau said the amendments would facilitate compliance with ECOA by clarifying the obligations imposed by the statute.

Compared with a year ago, applications for purchase mortgages were up more than 30%.