Lenders delivered $27.21 billion of purchase loans into Ginnie MBS in May, up 7.5% from the prior month.

Banks are structuring CRT deals to include stronger mitigants to counterparty risk, which can help to boost the rating for the deal above the rating on the bank itself.

Redfin’s homebuyer demand index declined by 2% on a monthly basis in early June.

Panelists spoke Tuesday at an event hosted by the Bipartisan Policy Center.

It’s the first non-agency MBS with a significant amount of electronic promissory notes, according to Moody’s Investors Service.

If the CFPB's proposed ban on medical debt on credit reports is established, the agency estimates that it could lead to approximately 22,000 additional home loans per year.

The growth came largely from purchase-mortgage lending.

VA stressed that borrowers should still negotiate their buyer-broker fee and that homebuyers can still ask sellers to pay the fees at closing.

SPS, which has been servicing residential loans since 1989, handles a portfolio of about $180 billion, largely of loans in non-agency mortgage-backed securities.

Morgan Stanley and Chase are marketing prime non-agency MBS with loans eligible for sale to the GSEs.