The correspondent share of nonconforming originations fell to 9.0% in 2024, down from an 11.9% share in 2023.

Fitch has avoided rating home equity investment securitizations as well as deals stocked with loans underwritten with less-than-full documentation.

Home prices increased by 0.2% on a monthly basis in January, according to FHFA.

Lawrence Yun, chief economist at NAR, said “the momentum for home sales is flashing encouraging signs.”

Following a court order, the CFPB disclosed this week that it reinstated 117 probationary employees then immediately placed them on administrative leave.

The bank was the largest issuer of vehicle asset-backed securities in 2024.

Ellington Financial signed a joint venture with an unnamed mortgage originator in the fourth quarter.

Homes for sale that went under contract in February were on the market for an average of 54 days, the longest period for any February since 2020, according to Redfin.

PennyMac has marketed an average of one non-agency MBS with GSE-eligible mortgages for investment properties per month since November.

Nonprime servicing volume among companies in the analysis has increased every quarter since 2020.