The proposal is unlikely to move forward in the Trump administration, but the draft could serve as a blueprint for state legislation.

Rithm Capital likely will explore a “listing of up to 20% of Newrez’s shares in 2025,” says KBW...

Nonconforming mortgage originations in the correspondent channel increased from the second to the third quarter.

Among the top 50 producers, all but one are nonbanks.

Bank of America remained the top originator of home equity loans in the third quarter.

JPMorgan Chase had the most profitable mortgage-banking operation in the third quarter, with $633.0 million of income.

A group of 16 mortgage REITs held $196.29 billion of residential MBS on their books at the end of September.

Much of the decline was the result of a change in how Freddie Mac classifies loans subject to a repurchase claim for which the seller has provided a remedy.

Another positive sign: Usage rates remain in the 50% to 60% range.

The correspondent channel gained share in the conventional-conforming market during the third quarter of 2024.