United Wholesale Mortgage has introduced a new AI-based platform to help its brokers recapture borrowers with a refinance.

Outsourcing underwriting tasks to offshore contractors can help reduce production costs for mortgage lenders, according to an executive at Verity Global Solutions.

S&P gave the revised framework a light green rating, which signifies that it helps promote activities to avoid emissions.

The Federal Reserve announced a 50-basis-point reduction in the federal funds rate this week. Interest rates on mortgages have come down by more than that in recent weeks in anticipation of the Fed’s move.

A&D Mortgage has partnered with Atlas Merchant Capital to fund more expanded-credit MBS transactions.

Growth in first-lien holdings occurred outside of the top three banks, which all shrank their portfolios in the second quarter.

The new HEI securitization has borrowers with slightly better average credit scores compared to an issuance in April.

A Trump plan for resolution of the GSEs? Sounds like it...

Banks and thrifts grew their first-lien portfolios from March to June despite a decline in portfolio sizes of some of the largest depositories. (Includes data table.)

Delinquencies on non-QM loans are increasing despite servicers’ best efforts to ensure borrowers don’t go into foreclosure.