The new partnership's benchmarks focus on the non-QM and prime-jumbo markets.

New legislation would establish an ombudsman’s office to assist financial institutions navigating the CDFI application process.

Lenders can sell agency-eligible mortgages for investment properties and second homes on Maxex's platform.

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.