HomeXpress is owned by Seer Capital Management, an investment fund.

Bulletins from the GSEs detailed updates to servicing guidelines.

“We’re consolidating divisions to focus on building more homes and strengthening safety and soundness,” said FHFA Director Bill Pulte.

Expanded-credit mortgages accounted for 58.2% of collateral in non-agency MBS issued during the first quarter.

ARDRI is the brainchild of Brian O’Shaughnessy, the former co-CEO of Rama Capital.

Four rating services gained on Fitch in 2024 in terms of rating share for non-agency MBS issuance.

“UWM will be discontinuing our subservicing relationship with Mr. Cooper and they will no longer be [a mortgage servicing right] sale partner,” a UWM spokesperson said.

“Tariffs and labor concerns contribute to our forecasts for flat to declining housing starts and completions in 2025 relative to 2024,” Fitch said.

Brookfield has more than $1.0 trillion in assets under management across a variety of sectors.

Rocket’s long-term issuer default rating could be downgraded due to elevated corporate leverage.