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.

Home price appreciation expected to slow; Fitch downgrades ratings on Finance of America; OCC plans survey of consumer trust in banking.

The total delinquency rate on mortgages in agency MBS stood at 2.83% as of the end of September, up from 2.60% at the end of June.

The bank focuses on direct-to-consumer originations, with $267 million in production in the third quarter.

Morgan Stanley has issued a number of prime non-agency MBS in recent years.

U.S. Bank is making investments in its mortgage unit to drive growth.

Banking regulators plan to release a final rule Oct. 24 with revisions to standards under the Community Reinvestment Act.

FHFA's symposium will focus on solutions for rising property insurance premiums.

Delinquencies on securitized mortgages increased in all parts of the agency market during the third quarter. The increase was concentrated in early-stage delinquencies. (Includes data chart.)

Better went from more than 10,000 employees in 2021 to fewer than 900 as of Sept. 1; lenders start early on 2024 loan limits; mortgage lock-in easing; MISMO initiatives; tool to check for appraisal bias; automated title reviews; insurance platform raises funds.