Brian Vieaux, president of MISMO, said the dataset aims to make it easier for aspiring homeowners to succeed by creating a standard shared language that can be used between counselors, lenders and the broader mortgage ecosystem.
"Record To-Be-Announced activity [in March] was primarily driven by a spike in rate volatility amid heightened macro uncertainty and broader market volatility," Tradeweb said.
The share of high-LTV purchase loans delivered to the GSEs rose nearly 100 basis points to 47.52% in the first quarter, according to an Inside Mortgage Trends analysis of mortgage-backed security disclosures.