FHA, VA, Ginnie Mae and USDA are working with MISMO on a new servicing dataset.

Mortgage industry participants are making projections on when "higher for longer" turns in to rate cuts by the Fed.

Issuance of non-agency MBS with GSE-eligible mortgages is picking up with new deals from Citi and Morgan Stanley.

NewRez received a "star" rating from Fannie Mae for general servicing, solution delivery and timeline management.

ARMs accounted for less than 1% of prime non-agency MBS issuance in 2023.

“Regional banks would usually balance sheet a lot of [non-QM] borrowers, but they’re contracting due to their risk exposure,” said Samuel Bjelac, the new senior vice president, national sales, third-party originations, at Carrington Mortgage Services.

NewRez said AI can analyze customer data and preferences to recommend suitable products.

Prime non-agency MBS issuance increased by 4.3% on a sequential basis in the fourth quarter though for the full year volume was down 64.1%.

The impairment rate on securitized non-QMs increased by more than 100 basis points between August and December.

Mortgage origination revenue at FICO more than doubled in the fourth quarter of 2023 compared with the fourth quarter of 2022.