Robert Johnson, head of originations at Newrez, said the process went much more smoothly than he expected.

“If [the GSEs] are going to distribute them into securities,” said Bose George, a managing director of Keefe, Bruyette & Woods, “I assume there’ll be some sort of pay-up for these loans, because people don’t know the performance yet.”

Mike Weinbach was most recently president of Mr. Cooper Group, leaving the company shortly after it was acquired by Rocket Companies.

Dave Paulson, CEO of the FHLB of Pittsburgh, pointed out that, prior to the 2023 banking crisis, many FHLBank officials didn’t know who their direct contact was at the Fed.

The GSEs have differing loan level price adjustments for classic FICO and VantageScore 4.0, according to VantageScore.

The GSEs issued CRT deals in March even with economic volatility tied to the war with Iran.

The lender saves 5 basis points per loan on average using eNotes.

The House is set to vote on a revised version of the 21st Century ROAD to Housing Act. It’s expected to pass with broad bipartisan support.

Earnings improved during the first quarter of 2026 among a group of 13 publicly traded nonbank companies despite choppy market conditions and slowing production.

Both VantageScore and FICO claim their scoring models allow lenders to approve more mortgage applicants.