Great Ajax received a loan from Rithm Capital and moved to have Rithm serve as external manager of the REIT. Rithm plans to have Great Ajax invest in commercial mortgages.

As long as struggling mortgage companies show that they’re on the path to profitability, warehouse lenders say they have their back.

The equity investment is led by Liberty Strategic Capital, a firm headed by former Treasury Secretary Steven Mnuchin.

Federal Reserve Chairman Jerome Powell said major revisions to the proposed capital requirements for large banks are likely.

New York Community Bancorp has its third CEO in less than two weeks.

The appropriations bill includes $54 million in funding for Ginnie for fiscal year 2024 compared with $40 million in funding for FY 2023.

State agencies established a set of mortgage and exam programs through the State Examination System.

Neuberger Berman last issued an expanded-credit MBS in August 2022.

A small decline in interest rates last week helped to increase applications for purchase mortgages.

Mortgage borrowers' obligations for property taxes and insurance are rising and interest rates are projected to fall, a foreboding combination for MSR investors.