Annaly was the top producer of nonconforming loans through the correspondent channel among the survey group, increasing its production by 9.9% to $5.08 billion.

Ahead of a shareholder vote, the Two Harbors board of directors has reaffirmed its positive stance on CrossCountry's proposed merger.

A lack of internal candidates has clouded the replacement process for former FHA Commissioner Frank Cassidy.

One-third of homeowners say they are currently refinancing or likely to refinance within the next two years.

The portfolio, with a $555 million unpaid principal balance, is being sold by an unidentified nonbank.

Ginnie Mae’s share of total residential servicing outstanding increased to 18.5% as of the end of March.

“Mortgage lenders benefited from multiple refinance rallies over the last nine months, but we don’t expect another in 2026,” said Eric Orenstein, a senior director at Fitch Ratings.

The bureau said it rescinded the 2020 advisory opinion because it conflicts with its recently issued ECOA final rule.

New investors include firms in Asia and Europe.

During a press conference Wednesday, Fed Chair Kevin Warsh suggested that he will wait to see recommendations from the new task forces before making any major changes at the Fed.