VantgeScore suggests that many consumers characterized as "dormant" are actually infrequent users of credit.

Banks don't have much appetite for agency MBS and whole loan bids can be stronger than execution via non-agency MBS.

Mr. Cooper net income up in 3Q23; MBA reports mortgage applications down week-over-week; Redfin reports more homebuyers are moving out of state; Finance of America expands new reverse mortgage program to direct-to-consumer and wholesale channel.

More than 5,500 people attended the ABS East conference this year, a record for the event.

Trade groups called on regulators to reconsider the proposal altogether...

Volume up, margins down.

The DOJ has more than 24 investigations into redlining in progress.

Nonbanks could fund the closing of government-insured mortgages using commercial paper guaranteed by Ginnie and the loans would be pledged as collateral to the commercial paper, former Ginnie President Ted Tozer suggested.

When servicing on auto ABS transferred earlier this year following the failure of two issuers, delinquencies on the deals spiked. Months later, defaults remain well above the levels seen before the transfers.

The Department of Energy is providing a 90% guarantee on loans in an ABS from Sunnova Energy. The loans are part of DOE’s new solar program, Project Hestia.