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A big boost in UWM's originations led to an increase in the broker share of the nonconforming market in the first quarter of 2024.

The National Home Price Index gained 6.3% in April on an annual basis.

Changes in underwriting standards for non-QM loans are a slippery slope, according to investors.

HECM lending hasn't been this low since before the COVID-19 pandemic...

Keefe, Bruyette & Woods analyst Bose George said, "Given the modest scale of the announced pilot program, there should be no meaningful impact on the mortgage market."

Many of the top depository institutions reduced their production in the first quarter.

The rule has been in the works for 14 years.

Fannie economists now only expect one rate cut by the Fed this year, possibly in December.

The mortgage delinquency rate declined to 3.04% as of the end of May, down from 3.09% at the end of April, according to Intercontinental Exchange.