The trade group is seeking guidance on a requirement that lenders consider and verify a borrower’s reasonably expected income or assets at or before consummation of a mortgage.

The Canada Pension Plan Investment Board manages a pension fund with $448.1 billion in holdings.

Some 0.22% of mortgage borrowers were in forbearance as of the end of February.

Issuance of Ginnie Mae MBS increased by nearly 9.3% from January to February. The increase was due to a surge in refinancings. (Includes two data tables.)

Guild held off on disclosing the purchase price for Academy Mortgage until filing its annual report.

Blend took a loss of $179.9 million for the full year 2023 after a loss of $763.8 million the previous year.

NAR's settlement essentially eliminates the requirement for home sellers to pay a fee to the homebuyer's real estate agent.

The Structured Finance Association, which is developing a compliance tool to facilitate uniformity in the non-agency MBS market on QM standards, has run into a vexing issue regarding the definition of a QM.

GreenState Credit Union issued its first auto ABS this week and M&T Bank returned to the market for the first time since 2013.

Invictus has an MBS with non-agency mortgages for investment properties, Figure is marketing a HELOC securitization and Rocket is offering a closed-end second deal.