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.

Issuers are increasingly delivering GSE-eligible owner-occupied mortgages to non-agency MBS in a bid to diversify liquidity.

With interest rates elevated, lenders are urged to highlight the wealth creation potential of homeownership to encourage renters to take the plunge and purchase a home.