The first three months of 2025 marked the third consecutive quarter in which the retail channel accounted for less than 50% of total originations.

In nearly every session at the Non-QM Forum Thursday, panelists made it a point to mention artificial intelligence and the benefits of using the technology in the non-QM space.

The Federal Open Market Committee looks unlikely to cut the federal funds rate at its next meeting, in mid-June.

President Trump vowed to maintain the implicit guarantee and keep the GSEs under his oversight.

Beginning June 16, custom single-family pools in the Ginnie II program won’t be subject to the 10% concentration limit on mortgages with buydowns.

Lenders turned down 24.5% of VA refi applications in 2024, compared with 37.3% in the previous year.

Changes include a reduction of credit score requirements and an elimination of seasoning requirements for DSCR refinances.

The confirmation of Michelle Bowman as vice chair for supervision at the Fed could prompt the Fed to begin to make regulatory changes.

The cap and other regulatory issues prompted numerous adjustments at Wells, including a retreat on mortgage lending and servicing.

An estimated $49.0 billion of non-agency jumbos were originated in the first quarter of 2025.