Redwood's earnings improved following a 53% increase in locked loans in the first quarter.

On an annual basis, mortgage applications were down 9.2%.

Onslow Bay issued $2.52 billion of expanded-credit MBS in the first quarter, more than triple its issuance in the prior quarter.

Home prices jumped in February after a slight decline the previous month.

In case you missed it: The VA reported an astronomical increase in its interest rate reduction refinance program in early 2024...

At one point, Republic First’s mortgage unit focused on offering jumbo mortgages at below-market interest rates.

Federal Reserve Governor Michelle Bowman noted issues with how the proposal on capital requirements for large banks would impact the MBS and ABS markets.

The $365.4 million deal is stocked with loans originated number a number of firms.

Elevated interest rates and limited housing inventory led to a tepid increase in pending home sales in March.

The REIT bounced back after losses in the previous two quarters.