“When the yield on the 10-year [Treasury] goes up more than 50 basis points in less than a month, something is going to get broken,” one consultant noted.

Half of the bonus payments will be withheld until Better achieves two consecutive quarters of “positive operating cash flow.”

Rithm will pay for the purchase using “existing” and “available liquidity” as well as servicing-backed financing.

Margin calls on MBS investors using leverage?

Mortgage investors, lenders and borrowers could all benefit from ICE's acquisition of Black Knight, according to leaders at ICE.

The team that transitioned from Civic Financial Services to CV3 accounted for 90% of Civic’s estimated $3 billion loan production in 2022.

Delinquency rates may be nearing cycle lows...

The average interest rate on a 30-year fixed-rate mortgage hit 7.18% this week.

“I think a lot of companies bet late last year and early this year that rates would be materially lower by now than they are,” said Brian Hale, CEO and founder of Mortgage Advisory Partners.

Demand for refis fell to a level seen at the beginning of the year...