“A decline in interest rates resulted in higher valuations,” Redwood noted.

The House Financial Services Committee moved a bill forward that would reduce the budget for the Consumer Financial Protection Bureau by close to 70%.

The data the Federal Reserve relies on shows a slowing economy but also increased risk of inflation.

Home prices increased by 0.1% on a monthly basis in February.

Sales of existing homes declined in March on a monthly basis and compared with March 2024.

CrossCountry contributed $942.1 million in loans to expanded-credit MBS issued during the first quarter of 2025.

Only three other prime non-agency MBS have hit the market this month.

Mr. Cooper Group and Angel Oak Companies are separately marketing their first securitizations of home equity loans.

Interest rates on mortgages increased by nearly 30 basis points during a two-week span.

PulteGroup and NVR boosted mortgage originations on an annual basis in the first quarter of 2025.