ARMs. Remember those? Lenders are still making them...

Former Ginnie president Ted Tozer said now that Biden has made his pick, he hopes the process moves forward in a timely manner.

Donatacci joined the non-QM and conventional lender roughly two years ago.

According to interviews with warehouse executives and consultants, business remains healthy for the most part but borrowing clients are beginning to reduce their line sizes as retail applications creep downward...

The most prominent participants in the EC market are nonbanks. However, the top two lenders in the second quarter were depository institutions.

Jonice Gray Tucker: “I anticipate significant and perhaps escalated activity in this area for a whole host of reasons."

Time for more debt offerings? It depends on who you are.

It doesn’t happen often, but Freddie ranked as the top agency MBS issuer last month...

In a statement, bank CEO Charlie Scharf said, “Building an appropriate risk and control infrastructure has been and remains Wells Fargo’s top priority. The OCC’s actions today point to work we must continue to do to address significant, longstanding deficiencies.”

Expanded-credit mortgages, which include non-QMs, accounted for only 0.9% of total first lien mortgage originations in the second quarter of 2021.