Another day goes by, and more pleas to Uncle Sam to fix the MBS liquidity problem. What will it take?

The active non-QM funders include ACC Mortgage, A&D Mortgage, First National Bank of America, Newfi Lending and Silvergate Bank. (Silvergate, up until recently, was also a warehouse provider of non-QM products.)

Impac had hoped to resume lending again after a shutdown of two weeks. But that was then...

Overall, mortgage citations accounted for only 8% of total gripes...

Ginnie MBS data show an increase of 72,224 loans recorded as 30 days past due from February to March. Some 56,266 of those newly delinquent loans were FHA-insured.

Only 11.22% of purchase-money mortgages purchased by the GSEs in the first quarter had FICO credit scores below 700. That was down from 12.05% in the fourth quarter and 14.66% a year ago.

Believe it or not, purchase loan applications increased 16.4% in Washington, one of the first states ravished by the pandemic...

For certain residential mortgages, including refis, banks can delay obtaining an appraisal for up to 120 days after a loan closes.

In the home equity department, BofA actually increased lending to $3.02 billion in the first quarter from $2.99 billion in 4Q19.

Federal and state laws prohibit intentional discrimination against protected groups...