The CRT transaction will cover close to half of the first-lien mortgages OceanFirst was holding as of the end of March.

Bill Pulte will remain in his housing roles while serving in the new position.

Purchase-mortgage volume declined 14.3% on a sequential basis, while refinances were up 8.0%. The rise was propelled by FHA refis, which grew 6.2% from the fourth quarter to $24.06 billion.

Plaza has implemented additional security measures to prevent future hacks.

Amy Moses, vice president for strategic growth at the Mortgage Industry Standards Maintenance Organization, said a widespread shift to eNotes will occur when industry participants recognize the economic benefits and when not participating in the eNote space would make them less competitive.

Sales of new single-family homes declined by 6.2% on a monthly basis in April.

The guidelines for closed-end seconds will permit a partial compliance review, a departure from the current TRID Grid 4.0.

Fannie held $110.46 billion of agency MBS as of the end of April, a 5.3% increase compared with the end of March.

“There’s a tremendous economic incentive to adopt VantageScore, it’s just gonna take some time to work it through,” said Chris Cartwright, CEO of TransUnion.

Closed-end second securitization was up on a quarterly basis while activity involving home equity lines of credit declined.