The REIT associated with Angel Oak companies reported a profit for 2023 after taking losses in the prior year.

Effective immediately, Ginnie issuers must notify the agency of any cybersecurity incident within 48 hours after the issue is detected.

Pooja Pathak, a director at Metlife, an insurance company, said more non-QM assets are needed to meet demand from insurance companies, which are willing to pay a premium for the product.

Annaly is a prolific issuer in the sector, but the only other time the real estate investment trust’s expanded-credit deals topped $500 million in volume was during the refinance boom during the pandemic.

“The recent boomerang in rates has dampened already tentative homebuyer momentum as we approach the spring, a historically busy season for homebuying,” said Sam Khater, chief economist at Freddie Mac.

The roundtable hosted by the Treasury focused on how the increased risks from climate change are affecting insurance markets.

The MBA cautioned that a ruling by the Fourth Circuit against PHH Mortgage departed from standard practices and could have wide-ranging harmful impacts for lenders.

JPMorgan Chase had the largest jumbo servicing portfolio, with $327.9 billion in volume at the end of December.

Fannie's new operations head comes from Morgan Stanley...

Michael Strauss is accused of funneling roughly $27 million out of the company before its demise in the summer of 2023.