loanDepot's closing price for its stock was less than $1.00 per share over a consecutive 30 trading-day period.

“Affordability deteriorated as mortgage rates moved higher through May and June,” said Varun Krishna, CEO of Rocket Companies.

To help increase earnings, the homebuilder is shifting its focus to higher-priced homes.

Residential whole-loan assets are becoming more popular among insurance companies because they are willing to accept the operational complexity that comes with investments in the space.

"More sellers are entering the market partly because some of them have come to terms with today's somewhat slow housing market; they are accepting that they may need to sell for a slightly lower price than they want, and it may take them slightly longer to do so," Redfin said.

FHFA could soon revise loan level price adjustments at the GSEs.

Securitization of conforming jumbos increased at a faster rate than total GSE business in the second quarter.

Elevated interest rates and declining consumer confidence are cutting in to demand for home purchases.

Among the milestones that the effort is on track to meet: development of technology systems to accommodate the transition.

New American Funding is teaming with Kastle.