Compass and Anywhere Real Estate have separate mortgage joint ventures with Guaranteed Rate.

Sales of existing single-family homes in California increased by 0.9% on a monthly basis in August.

Mortgage rates headed lower? Maybe not...

Non-agency jumbos accounted for 15.8% of total first-lien originations in the second quarter of 2025, the highest share for the sector since late 2022.

The homebuilder is still turning a profit, but margins are getting squeezed.

Annual home price appreciation in August was at the lowest level since February 2012.

The structure helps issuers extend prefunding and investment periods beyond the 90-day limitation that applies to traditional real estate mortgage investment conduits.

The non-agency jumbo share of total originations hit 15.8% in the second quarter. That’s the highest level since late 2022. Meanwhile, agency high-balance business was level compared with the first half of 2024. (Includes three data tables.)

The Fed cut the federal funds rate by 25 basis points this week and further cuts are expected. Even if interest rates on mortgages don’t come down much more, demand for loans is expected to increase.

While the trade group still submits formal comment letters, sometimes faster action is needed, such as a text from MBA President and CEO Bob Broeksmit to an administration official.