Data from agency MBS issued in the second quarter suggest that first-time buyers accounted for just over half of the purchase loans sold to Fannie Mae, Freddie Mac and Ginnie Mae during that period.

Fannie’s findings are based on intelligence from 211 senior executives at 192 shops. Roughly 50 of those lenders are considered "larger," which means they funded $2.25 billion or more in the last full calendar year...

However, year-to-date mortgage banking income was up 46.0% from the first six months of 2020.

And while repurchase activity still represents a small portion of Fannie and Freddie business, 2021 is shaping up as the biggest year for seller buybacks since 2014.

MBA, like many trade groups, was forced to cancel the in-person portion of all shows dating from the spring of 2020...

In the broker segment, new hiring for the month improved by 3,200 heads to 124,800. Both the banker and broker readings represent 10-year highs and then some.

The deal marks the first warehouse financing securitization to include non-QMs as eligible collateral.

The FTC has some questions for SFR giant Invitation Homes. Details? None...

At press time, Ocwen's common was trading at $28.06 compared to a 52-week low of $17.29 and a high of $35.08.

Just how hot is the IPL market? Two well-regarded Wall Street firms — Credit Suisse and Goldman Sachs — brought out their first deals of the year...