Bank trade groups raised concerns that a recent request for input from FHFA “appears to contemplate significant regulatory action not undertaken at Congress’ direction.”

Non-QM lender Acra Lending has been profitable in the last three years.

The $507.9 million Citi deal includes loans originated by Rocket Mortgage and others...

The bank share of agency servicing fell to 34.5% as of the end of June.

Bright suggested reducing the loan limits that apply to deliveries to the government-sponsored enterprises.

“Sellers are increasingly cutting prices to entice buyers struggling with affordability,” said Skylar Olsen, chief economist at Zillow.

Some $77.98 billion of purchase mortgages without MI were included in agency MBS issued in the second quarter, a 35.1% increase compared with the first quarter.

An affiliate of Ares Management started marketing a $358.24 million non-QM mortgage-backed security.

The proposal, published by Andrew Davidson, seeks to create a platform where regulators, investors, mortgage servicers and more would share their own data and receive access to the broader pool of data, in an effort that could decrease costs and improve attempts to aggregate mortgage data.

The top five GSE sellers saw their market share jump from 33.5% in the first quarter to 36.7% in the second.