Buy now, pay later spending has increased from about $2 billion in 2019 to $75 billion in 2023, according to a new report by the JPMorgan Chase Institute.

loanDepot has returned to the wholesale lending channel after exiting the business in 2022.

The number of homes relisted in January was the highest figure for the month since 2016, according to Redfin.

The retail channel accounted for 51.3% of first-lien mortgage originations in 2025, up from 50.6% in 2024, according to a new analysis by Inside Mortgage Finance.

Typically, the loans in jumbo MBS from Redwood are fixed-rate mortgages.

Dallin Merrill, head of policy at the Structured Finance Association, said some larger investors can increase their investments in 144A transactions, but smaller investors still struggle.

One of the mortgagee letters that established the policies in 2022 required that HUD document all CWCOT property sales, but the HUD OIG said it didn’t keep records verifying buyers, such as the statements owner-occupants must sign verifying they intend to use the home as a principal residence.

"It is possible that pull-through rates declined in February as mortgage rates continued to drift lower through the month," according to analysts at Goldman Sachs.

Eligibility for partial claims would be backdated to the sunset of the VA servicing purchase program, on May 1, 2025.

The GSEs started issuing credit risk transfer transactions in 2013.