The MBA supports the new FHA proposal but wants more information on whether lenders need to keep additional reserves on hand.

Housing supply is up 12% year-over-year.

ICE said that delinquencies have risen on a year-over-year basis for six consecutive months.

Western Alliance Bancorp, Phoenix, appears to be one of the largest lenders in the space.

After projecting four rate cuts for 2025 at their September meeting, members of the Federal Open Market Committee now project only two rate cuts next year.

JPMorgan Chase had the most profitable mortgage-banking operation in the third quarter, with $633.0 million of income.

FHA is considering reimbursing servicers for tax and insurance advances earlier in the default process.

Fannie Mae projects that its issuance of credit risk transfer transactions in 2025 will be similar to issuance in 2024.

The final rule establishes ability-to-repay requirements for Property Assessed Clean Energy loans.

Some mortgage borrowers are “being caught in a customer service doom loop,” according to the CFPB.