“We can continue to expect [states] to be as active and maybe even more so this time around,” said Kathryn Ryan, a partner at Orrick.

Despite the similarities in results from the scoring models, there are some major differences in how the scores are constructed.

Redwood has issued eight consecutive prime non-agency MBS where Rocket Mortgage was the top contributor of loans.

Recruiter Rick Roque says it’s in the best interest of management to finalize compensation agreements by mid-March...

All of the top five lenders are nonbanks, led by United Wholesale Mortgage.

The rating service made the update following a review that found that CES loans originated pre-crisis had notably worse characteristics compared with originations in recent years.

Interest rates on mortgages increased to a level last seen in July 2024.

The increase in broker originations was largely driven by two lenders: United Wholesale Mortgage and PennyMac Financial.

The refi share of applications was as high as 55.7% in late September.

Annaly Capital Management is preparing to issue the first non-agency MBS of 2025.