The housing market is starting to see a decline in mortgage lock-in but it will take a while to reach a new equilibrium.

Fed holds rates steady for third time in a row; UWM adds VantageScore to reporting for conventional loans; Fresh housing supply boosts pending home sales in April.

Two Harbors announced that it has amended its merger agreement with CrossCountry Mortgage during its 1Q earnings call.

Castlelake, Redwood team to purchase up to $8 billion of prime loans; MBA's Broeksmit signals support for Basel III reproposal; Single-family housing starts increase in March.

The temporary change is due to FHA’s 2025 modification to the single-family loss-mitigation waterfall, which included reinstating TPP requirements before certain loss-mitigation options can be approved.

Newrez said that the securitized loans were part of a loan delivery limited engagement by Freddie, which helped validate the operational readiness for VantageScore 4.0.

Two closed-end seconds securitizations began marketing this week, each sized at about $285 million.

Higher origination volume and expanded gain-on-sale margins helped PrimeLending reduce losses in the first quarter.

Representatives in Congress called on leadership to remove a provision in the Senate-passed 21st Century ROAD to Housing Act that mandates investors sell single-family build-to-rent housing.

A third of its homeseller clients have rates below 5%, Coldwell Banker says.