Greg Sher, a managing director at NFM Lending, warned about potential parallels between the expanded-credit market and the non-agency market in the runup to the crash of 2008.

By eliminating its bank holding company, Flagstar Bank will drop the Federal Reserve as a regulator.

The top prime jumbo and expanded-credit issuer so far this year: JPMorgan Chase.

Home equity lending in 2025 is on track to surpass 2022 as the post-financial crisis peak for production.

FHFA Director Bill Pulte said credit bureaus and VantageScore should follow FICO and take creative and constructive actions.

Some lenders are consistently avoiding delivering certain GSE-eligible mortgages to Fannie Mae or Freddie Mac.

Redwood is marketing a $684.6 million jumbo mortgage-backed security.

Home prices declined on a monthly basis for the second consecutive month in July, according to FHFA.

The last time Chase issued an MBS focused on ARMs from other lenders was 2019.

Much of the increase in impairments in August was tied to new 30+ day impairments, which increased by 59 basis points.