Forbearance requests from FHA/VA borrowers reached their highest level since the week ending June 14, MBA said...

MBA criticized the secretive nature of the rule change, arguing that by using lender letters, the maneuver short-circuited the normal comment period…

All of the loans in the new security were originated by Spring EQ, a Philadelphia-based lender co-founded by former New Penn CEO Jerry Schiano...

Among the top 50 nonbank sellers in 2020, six companies have increased their GSE sales more than tenfold: CrossCountry Mortgage, Better.com, Everett Financial, Draper and Kramer, NFM and PRMG.

Like many companies in the sector, Capital Senior Living has been deeply impacted by the pandemic. The company posted a $215 million loss in the third quarter, $191 million of which it attributed to the transfer of these properties to Fannie.

Through the first three quarters of 2019, Sachem has earned $6.6 million.

Although early-payment delinquency rates were up across the board, they remained significantly lower than six months ago.

In addition, the language includes a 365-day requirement, which essentially extends the short-term cash flow analysis.

Mortgages from 51 different originators are included in the deal, led by PrimeLending with a 19.9% share...

The Micro Mortgage allows DTI ratios up to 50% and LTV ratios as high as 105%. Still, the interest rate on the loan has prompted limited demand...