Interest rates on mortgages are at their highest level since 2001...

Government-backed originations increased in the second quarter thanks to a seasonal boost in purchase mortgages. FHA production outpaced VA lending, and the top lenders largely increased originations. (Includes three data charts.)

Loan removals from Ginnie MBS increased in the second quarter of 2023. Removals are largely tied to loan payoffs, though there are some variations among servicers. (Includes data chart.)

The proposed capital standards were cited as one of the reasons by S&P for its decision this week to lower ratings of five regional bank.

Increased risks from natural disasters have led to a rapid rise in premiums on home insurance, rejections of policy requests and some major insurance providers exiting certain markets.

While the lender has been losing money, officials at Better are optimistic that the capital infusion that accompanied its debut in the public market will lead to improved results.

Whether it's a mild recession or a soft landing, it won't make much difference to home sales, according to economists at Fannie.

Waters called for various community benefits to be included in FTC approval of the merger, along with antitrust provisions and cooperation between the FTC and Financial Stability Oversight Council on oversight of the combined ICE entity.

The BETR stock is set to begin trading Thursday...

The total delinquency rate for a group of 30 large servicers hit 3.16% at the end of June, up from 2.99% at the end of March.