Pennymac was the largest correspondent lender in the conventional market in the first quarter, according to a new Inside Mortgage Trends ranking and analysis.

Proposed legislation would codify many of the guidelines put in place by FHFA under its authority as conservator.

Council of the Federal Home Loan Banks CEO Ryan Donovan recommended several revisions to the latest Basel III Endgame proposal in a comment letter to regulators.

The rating agency still expects home prices to rise this year but at a slower pace than in 2025.

Borrowers aren't shopping for the best rate.

Rocket and a number of other nonbanks have added home equity loans to their product offerings in recent years after refinance activity slowed.

The GSE’s investment portfolio stood at $137.22 billion, down 3.2% from April.

The Structured Finance Association submitted extensive feedback on the re-proposal. SFA's comments received an endorsement from a coalition of trade groups representing a broad variety of banks.

Most of the increase in the impairment rate in May was from delinquencies.

Sen. Elizabeth Warren, D-MA, one of the lead negotiators of the bill, guaranteed that it will eventually become law.