Communication is key when mortgage companies face financial difficulties and potential breaches of warehouse financing covenants. Warehouse providers are looking for profitability plans for nonbanks.

Mortgage executive Chrissi Rhea: "I’m looking forward to 2023 because it can’t be as bad as 2022."

Entry-level buyers are the largest share of purchasers for flipped homes...

CDFIs, for now, are exempt from the CFPB's ability-to-repay requirements.

The profit generated in the fourth quarter wasn't nearly enough to offset losses from earlier in the year...

Mortgage firms issued $649.5 billion of Ginnie MBS in fiscal 2022, down 30.5% on an annual basis.

Trouble ahead? The Federal Housing Finance Agency’s home price index went negative (though barely) in November...

Bottom line: Investment-property loans were a bright spot, accounting for nearly 60% of expanded-credit MBS...

AmeriHome's John Hedlund said MSR supply could surpass demand...

One of the keys for lenders facing financial difficulties is to communicate early and often with Ginnie Mae, according to the agency’s chief risk officer.