“Recent data showing stickier-than-expected inflation, rising mortgage rates and continued home price appreciation appear to have given consumers pause regarding the market’s direction,” said Doug Duncan, a senior vice president and chief economist at Fannie Mae.

“We are very opportunistic in certain markets in which we like the vintage and the availability of credit,” Patterson said.

The REIT completed one securitization in the first quarter, this one collateralized by "transitional" loans...

Rocket’s income was boosted in the first quarter by a jump in gains from the sale of loans and positive marks for mortgage servicing rights.

HUD cautioned that lenders could violate the Fair Housing Act by relying on decisions made by an advertising platform that uses artificial intelligence to place ads.

FHFA and FHA issued new standards for reconsiderations of value.

Correspondent buyers of jumbos were divided fairly evenly between banks and nonbanks in 2023.

The GSEs established a formal definition for mortgages to first-generation homebuyers.

On an annual basis, mortgage applications were down 9.2%.

Acquisitions may be the lowest they've been since the 3Q20, but accounting rules keep earnings on an even keel.