Among servicers assessed by Fitch, Chase has one of the highest ratings.

Asset managers and hedge funds are taking a more active approach in ABS issuance.

Securitized loans from the Federal Family Education Loan program could receive negative credit rating marks if the Department of Education is successfully dissolved by the Trump administration.

Recent communications from the White House seem to affirm that the CDFI Fund won’t face drastic cuts following a recent executive order.

An estimated $68.00 billion of adjustable-rate mortgages were originated in the fourth quarter.

The correspondent share of nonconforming originations fell to 9.0% in 2024, down from an 11.9% share in 2023.

Tomo will use the proceeds to hire additional loan officers, processors and underwriters.

The correspondent share of nonconforming originations returned to the double digits in the fourth quarter of 2024. Though for the full year, correspondents lost market share.

The lender is seeing strong demand from borrowers and the secondary market for non-agency business purpose loans.

Homebuilder Lennar and First-Citizens Bank & Trust posted strong increases in originations of adjustable-rate mortgages.