Institutional investors are buying stock and debt instruments of selected companies. Some debt issuances are north of par. Now, if only mortgage rates would cooperate.

The good news: It was the highest residential lender jobs reading since March of this year...

PRMG is — and has always been — more focused and excited about a healthier purchase market, said CEO Paul Rozo.

Kroll tested whether the new models accurately reflect the creditworthiness of borrowers who previously could not get a credit score.

Some market watchers, including lending professionals, believe the Fed is done cutting rates for the year.

Even with elevated levels of delinquencies, MBS investors are protected due to credit enhancement and low loan-to-value ratios.

Delinquencies on securitized non-QMs are increasing. But market participants believe there is so much credit enhancement on the deals, plus home equity, that it’s a non-issue for now.

Although the origination tally for the third quarter won’t be ready for a few weeks, it feels like it was the best of the year. And some CEOs think the fourth quarter could be even better.

Onity owns roughly $123 billion of MSR and has a growing subservicing business. But still, the market treats its stock like a leper. Might de-leveraging help?

The September rate cut looks unlikely to have a major impact on the value of mortgage servicing rights.