Fitch assigned a B rating to the planned $400 million senior unsecured debt issuance from Planet Financial Group.

In the third quarter, conforming jumbos accounted for 5.4% of total agency business.

“For MBA, the most critical issue to address before releasing the GSEs is the establishment of an explicit federal backstop for mortgage-backed securities,” according to Bob Broeksmit, president and CEO of the Mortgage Bankers Association.

It's the first securitization of closed-end second liens from the affiliate of Ellington Management Group.

FHA’s new cyber incident reporting requirements align with those of the federal banking regulators.

Commissions for retail mortgage loan officers seem to be stuck in a narrow band, said one consulting firm.

The caucus suggested FHFA’s title pilot hasn’t been appropriately vetted.

Fitch is hopeful about gain-on-sale margins going into 2025.

The good news: All the firms reported positive income from production, although a few earned less than they had in 2Q24.

The baseline conforming loan limit for a one-unit property will be $806,500 for 2025.