FHFA’s report disclosed special purpose credit program activity at the GSEs based on loan count rather than dollar volume.

Ginnie said the new loan-level default data will help it “better understand servicer liquidity stress and loss mitigation outcomes and improve sampling methodologies.”

Mortgage rates are higher than economists expected them to be because inflation and other data are coming in at unexpected levels. The missed projections aren’t surprising, according to Chase’s Jamie Dimon.

U.S. Bank originated $7.13 billion of mortgages in the first quarter.

Applications increased even as interest rates rose.

The offering from Chase's conduit is the largest jumbo MBS from the conduit since 2022. And Chase is doubling up, with a separate deal stocked with mortgages originated by the bank.

The GSEs noted that if these fees to real estate agents continue to be customarily paid by the property seller according to local convention, they won't be subject to financing concessions limits.

There's a disconnect between inflation readings and reactions to the figures, according to Sam Khater, chief economist at Freddie Mac.

A foreclosure action against a borrower for alleged mortgage fraud landed a Florida-based lender in court for punitive damages.

The securitization is linked to short-term loans with an outstanding balance of $1.42 billion.