Sens. Bill Cassidy, R-LA, and Cory Booker, D-NJ, are seeking feedback on potential reforms to the National Flood Insurance Program.

Refi deliveries declined by 22.4% from June.

The issue dates to 2020, when Two Harbors moved to terminate its management agreement with Pine River Capital Management for cause.

Jay Promisco, president at Sierra Pacific Mortgage, said agentic AI can be used to manage the entire loan process.

Most lenders will likely continue to follow existing laws and maintain responsible practices, according to a managing director at a bank’s investment division.

The new relationship will increase Two Harbors’ third-party subservicing business to $31 billion in unpaid principal balance.

The retail segment, with a market share of 42.7%, maintained a narrow lead ahead of correspondents in the second quarter.

Some 80% of the lenders in the MBA's sample turned a profit in the second quarter, the highest share since the third quarter of 2021.

The new endorsements will conceivably cost extra beyond standard title insurance.

Carrington hasn’t been identified in rating reports as a contributor to any securitizations of closed-end second liens issued this year.