An inspector general identified counterparty risk related to protecting FHA’s Mutual Mortgage Insurance Fund as one of HUD’s top management challenges for 2024.

PennyMac's margins in the fourth quarter are at levels similar to those seen in the third quarter.

The Mortgage Bankers Association is asking VA to release a detailed plan for how servicers will be reimbursed if they participate in VA’s call for a six-month pause on foreclosures for struggling veteran borrowers.

Players in the commercial MBS market now have a better understanding about which assets are performing and which aren’t, according to Lisa Pendergast, executive director of the Commercial Real Estate Finance Council.

Large mortgage companies are seeing flat income from originations and increasing income from servicing.

The homes backing the portfolio are located in Alabama, Georgia and Mississippi mostly.

Lakeview Loan Servicing has been the most active bulk buyer of Ginnie MSRs, with $87.67 billion in acquisitions since the first quarter of 2022.

Average loan amounts on mortgage applications are coming down as the share of first-time homebuyer applicants increases.

Some 0.29% of mortgages were in forbearance as of the end of October.

The big concern: MSR packages could flood the market in the coming months as struggling lenders look for cash.