Federal banking regulators are still grappling with whether to re-propose a rule on capital requirements for large banks or to move on to a final rule.

The top higher-priced mortgage lender in 2023 was 21st Mortgage, with $2.55 billion in volume.

Issuance of prime non-agency MBS in the first quarter of 2024 was driven by jumbo mortgages, though volume involving GSE-eligible mortgages also increased.

It’s the fourth securitization of seconds from the nonbank this year.

“This is the most attractive time to be acquiring residential loans since I started in the market in 1991,” said Carl Bell, a senior managing director at Invictus Capital Partners.

To this point, access to Fannie's income-calculation tool was only available through third parties.

Buyers increasing their allocations to the sector include insurance companies.

“Recent data showing stickier-than-expected inflation, rising mortgage rates and continued home price appreciation appear to have given consumers pause regarding the market’s direction,” said Doug Duncan, a senior vice president and chief economist at Fannie Mae.

The REIT completed one securitization in the first quarter, this one collateralized by "transitional" loans...

Rocket’s income was boosted in the first quarter by a jump in gains from the sale of loans and positive marks for mortgage servicing rights.