Even with the lower margin, UWM boosted its net income, helped by improvements in the value of mortgage servicing rights.

The MBA said Jonathan McKernan’s experience and background working on housing policy make him a strong choice to lead regulatory reforms to reduce compliance costs.

More than 10,000 finance professionals registered for the conference.

A small group of lenders accounted for the majority of prime non-agency MBS issued in 2024. JPMorgan Chase was the leader in the market as both an issuer and lender. (Includes three data tables.)

Mr. Cooper ended the year with an estimated $1.52 trillion in servicing volume.

The Senate voted 55-44 to confirm Scott Turner as housing secretary, paving the way for the Trump administration to install new leadership at FHA and Ginnie Mae.

Many potential mortgage borrowers are coming to the realization that interest rates may be done declining.

The pause was ultimately rescinded following court injunctions. In the meantime, participants in government-insured mortgage programs faced uncertainty.

MBA’s forecast is that the Fed will make at most one more cut this cycle.

GAO called for Ginnie Mae to develop processes for participating in interagency exercises, noting that FHFA did a better job than Ginnie in an FSOC effort aimed at addressing the likely failure of a major nonbank mortgage company.