FHFA's proposed strategic plan includes an emphasis on combating fraud and misconduct.

While Bank of America managed to increase mortgage production in the third quarter, lending was down at Citizens Financial and PNC Financial.

Pennymac is set to issue a $291.7 million non-agency mortgage-backed security with GSE-eligible mortgages for primary residences.

Jamie Dimon, chairman and CEO of JPMorgan Chase, suggested reducing regulation to help housing supply and to reduce the cost of mortgages.

Santander Bank is marketing a $289.3 million securitization of closed-end second liens, a first for the bank.

Mortgage originations increased somewhat during the third quarter at JPMorgan Chase, helped by the correspondent channel.

FoA will offer the home equity loans through Better’s Tinman platform, a first for the lender, which has focused on reverse mortgages.

Experian joined Equifax in offering free VantageScore 4.0 scores to mortgage lenders that buy certain score bundles.

While AI use appears to be the norm in the mortgage industry, many lenders said they're hesitant to lean on the technology for originations.

Residuals from securitizations can generate close to 20% in returns though the asset class carries significant risks. Nonbanks are showing a strong appetite for the asset, but there is limited liquidity.