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...

Redwood's margin on residential mortgage banking activities in the third quarter of 2021 was 122 basis points, up from 98 bps...

The White House called the new framework the largest single investment in affordable housing in U.S. history...

In particular, Chopra wants to hear from local lenders on how to stimulate refinancing, especially for communities of color.