Credit Suisse completed the first part of the sale of its securitized products group; tighter pricing for Fannie with latest CRT offering; SEC’s rating service report light on details; retrial in GSE shareholder case set for July; RMF’s planned securitization scuttled.

The REIT invests in both agency MBS and mortgage servicing rights.

Borrower use of buydowns spiked as interest rates increased in 2022, but “permanent” buydown activity has diminished somewhat this year.

Income from the REIT's MSR portfolio helped to offset losses from originations...

The DSCR loans have an average interest rate of 7.0%.

Looking to cut costs, mortgage lenders are planning to reduce the amount of money spent on technology. That might not be the best choice, given that originations will bounce back, eventually.

Two recent court cases demonstrate the value in completing a comprehensive title search prior to closing a refinance mortgage.

NYCB closes Flagstar’s non-bank branches; FHA offers new incentives for servicers; home prices decline again in November; MBA writes to FHFA on the cost of doing business with the GSEs; new products aimed at newly-constructed homes; MISMO offers loan limit tool.

While Fannie Mae and Freddie Mac are the dominant outlets for eNotes, other entities are looking to boost adoption of the technology. Ginnie Mae has seen greater enthusiasm for eNotes than anticipated since launching its program in early 2021.

Neighborly, which offers home services through 31 brands, is in the market with its third annual whole-business ABS. The offering differs in some ways from ABS previously issued by the firm.