Stricter condo lending standards at Fannie Mae and Freddie Mac could drive some borrowers to the non-agency market.

In the second quarter, all but four of the 50 largest jumbo lenders posted increases in originations.

Former Meta executive named CEO of Redfin; Former Rocket Pro GM named CEO of Informed; CV3 Touts technology for growth; Knock brings buy-before-you-sell product to Texas.

Closed-end seconds remained the most common type of home equity loans for securitization in the second quarter, accounting for 50.5% of issuance.

Among the changes, Carrington's program now allows eligible alternative-documentation borrowers to qualify with FICO scores as low as 550.

FHFA could soon revise loan level price adjustments at the GSEs.

The $337.5 million expanded-credit MBS Annaly Capital Management is marketing is much smaller than any other expanded-credit MBS the firm has issued this year.

"We have retained a dedicated team of experienced advisors to assist us with this matter, allowing our leadership team and employees to remain focused on our key operational objectives," Daniel Lewis, interim CEO of Better Home & Finance, wrote to employees amid a battle for leadership of the company.

Beeline noted that it is actively repositioning its product mix to focus on non-QM production.

“It is time for Better to move forward with new leadership," Better's board said.