An affiliate of JPMorgan Chase was the winning bidder on an auction by Freddie Mac of nonperforming loans with a balance of $188.3 million.

Fitch Ratings remained the top player for rating non-agency MBS in the second quarter of 2024 but the firm lost some market share.

Fairway Independent Mortgage Corp. established a $1.0 million fund to help with the recovery from Hurricane Helene.

The Structured Finance Association warned the CFPB's servicing proposal would decrease the value of mortgage servicing rights, leading to a substantial negative impact on the secondary mortgage market.

All banks among the top 100 lenders reported an increase in retail mortgage originations in the second quarter.

Ginnie Mae posted a 1.8% increase to finish the second quarter with $2.445 trillion in single-family MBS outstanding.

Refis accounted for 55.7% of mortgage applications last week.

The revamped rules allowed lenders to use a wider variety of standards to meet ATR and qualified-mortgage requirements while also introducing some uncertainty on whether specific loans comply with ATR standards.

New stock issuance, of course, can spark concerns of dilution.

It will be the 10th warehouse securitization from loanDepot.