But there’s something else to think about here. Let’s say Democrat Joe Biden (DE) wins the White House in November. After being sworn into office, will he act swiftly to dismantle this very controversial loan-level private adjustment?...

Other sectors of the jumbo market saw more measured gains...

New residential applications fell once again. Time to worry? Hardly...

The bulk of the REIT’s involvement in the non-QM market so far has been through LendSure Mortgage, an originator it owns a stake in...

MFA's first non-QM MBS was on track to be issued in March until volatility from the coronavirus scuttled the deal.

The first non-QM MBS from Goldman Sachs includes loans from previously issued deals and some newer mortgages aggregated by the firm.

Black Knight said the Fannie/Freddie forbearance measurement fell by 15,000 units while the FHA count increased by 5,000. The private-label/portfolio tally rose by 10,000 loans.

The general consensus is that this new loan-level price adjustment will not be killed outright but very well could be moved back by at least 60 days from its current Sept. 1 implementation date. This would allow lenders facing rate-lock hits to avoid financial damage…

For the third consecutive quarter, VA production exceeded FHA activity – and the margin widened significantly...

In a new filing with the SEC, Mr. Cooper disclosed that after accounting for a modest increase in the value of its mortgage servicing rights, the new GSE LLPA will reduce the value of the loans in its pipeline by approximately $20 million...