Reperforming loans sold by Fannie had an unpaid principal balance of $558.7 million.

Don Layton noted that administrative reform of the GSEs will inherently retain most of the structures and obligations in the GSE charters.

“Tariffs and labor concerns contribute to our forecasts for flat to declining housing starts and completions in 2025 relative to 2024,” Fitch said.

The turnaround in servicing profitability was driven by markups in the value of mortgage servicing rights net of hedging efforts.

Mr. Cooper was the eighth-largest correspondent aggregator in 2024.

After Rohit Chopra was forced out, the CFPB saw two new leaders in less than one week.

Brookfield has more than $1.0 trillion in assets under management across a variety of sectors.

Rocket’s long-term issuer default rating could be downgraded due to elevated corporate leverage.

The judge said the court is “mindful that its order must be sufficiently specific to be enforceable..."

The bulk of home equity lending remains in HELOCs by banks.