The government-insured market was under more pressure...

At Sept. 30, New Residential valued its portfolio of mortgage servicing rights at $6.56 billion...

The proposal also includes a new area-based subgoal designed to reduce the likelihood that GSE purchases in low-income areas go disproportionately to higher-income borrowers.

Although new originations and loan sales declined from the second quarter, many firms said gain-on-sale margins improved.

Wards of the Uncle Sam since the fall of 2008, these days the two government-sponsored enterprises are considered instrumentalities of the executive branch with little prospect of their conservatorships ending.

Demand for non-agency MBS can be measured by how new issuance prices compare to a benchmark rate.

Individual DPA grants could reach 10% of a home’s purchase price or $20,000, whichever is greater.

Barring an implosion over the next two months, 2021 will set a new world record, likely topping $4.5 trillion in annual originations.

Mr. Cooper values its MSRs at $3.66 billion, up from $3.31 billion 90 days earlier...