The failures of Silicon Valley Bank and Signature Bank have put much of the banking system on shaky ground. Lenders with similar balance sheets that are more heavily involved in the mortgage market are under scrutiny.

Communication is key when mortgage companies face financial difficulties and potential breaches of warehouse financing covenants. Warehouse providers are looking for profitability plans for nonbanks.

Sellers and homebuilders are increasingly reaching for an old mortgage tool to make their homes more attractive to potential buyers.

Warehouse finance volumes are down noticeably this year as originations sag in the primary market. The only good news to speak of is that some originators might be approaching break-even. (Includes data chart.)

The fintech that promised to smooth out borrowers’ home transitions with cash offers and “sell before you buy” financing has shut shop, citing market conditions and difficulty raising capital.

The ratings outlook for Fannie Mae, Freddie Mac and two of the FHLBanks have been upgraded from negative to stable, reflecting strong economic growth and heightened government support.

According to new research paper, nonbanks use their MSRs to help fund operations in a rising rate environment, resulting in stronger originations in comparison to banks.

While some of the White House’s latest measures are funded through previous legislation and codified into law, several actions rely on as-yet-unfunded proposals.

Homeowners need better financing options to develop accessory dwelling units, according to mortgage industry experts.

Vesta’s $30 million Series A fundraising reflects venture capitalists’ continuing interest in software-as-a-service offerings.