AI is gaining momentum as a tool used in the non-qualified mortgage underwriting process, according to executives at non-QM lenders.

Most of the increase in the impairment rate in May was from delinquencies.

Matt Jones, FHA single-family housing deputy assistant secretary, indicated the agency believed the rescissions would make the FHA program more accessible to a wide range of lenders.

Another vote delay adds more uncertainty to the proposed merger between CrossCountry Mortgage and Two Harbor Investments.

Fannie increased its interest rate projections somewhat in the latest monthly forecast from the GSE.

Demographic shifts are expected to lead housing supply to surpass demand in the coming years.

Ahead of a shareholder vote, the Two Harbors board of directors has reaffirmed its positive stance on CrossCountry's proposed merger.

The portfolio, with a $555 million unpaid principal balance, is being sold by an unidentified nonbank.

Ginnie Mae’s share of total residential servicing outstanding increased to 18.5% as of the end of March.

“Mortgage lenders benefited from multiple refinance rallies over the last nine months, but we don’t expect another in 2026,” said Eric Orenstein, a senior director at Fitch Ratings.