The Trump administration vowed to continue the effort to fire Cook, alleging mortgage fraud.

Issuance increased by 7.8% from July and marked the strongest monthly total since November 2024.

"As we look forward, I think it’ll be gradual," Brian Brown, chief financial officer and treasurer of Rocket Companies, said of improvements in the housing market for homebuyers.

If subservicing is included in FHFA's market share cap, Rocket plans to shift some of the servicing mix at the combined Rocket/Mr. Cooper.

The top five jumbo producers in the first half were all federally insured depositories.

PennyMac released financial results for July and August as it presents for the Barclays Global Financial Services Conference.

Brendan Kelleher of MBA said one challenge in underwriting BNPL loans is their inconsistent visibility in borrower credit profiles.

Nonconforming products accounted for 21.2% of first-lien originations in the second quarter, according to a new analysis by Inside Mortgage Finance.

There's no timeframe yet for potential adjustments to the ATR rule.

UWM contributed to three non-agency MBS that started marketing Thursday.