American International Group (once the property of the U.S. government) is preparing to issue a $426.4 million jumbo MBS...

The coalition includes the American Bankers Association, the Mortgage Bankers Association and the Center for Responsible Lending...

For the week ending March 30, the relief count dropped by 33,000 units. Key point: Forbearance starts fell to their lowest weekly volume (30,000) since the beginning of the pandemic…

Bottom line: A committee within the CSBS determined that "regulatory prudential standards enforceable by state regulators are warranted and advisable at this time.”

As recently as November, Impac Chairman and CEO George Mangiaracina said returns on loans eligible for sale to the government-sponsored enterprises were better than returns from non-QMs. However, this spring he indicated that market dynamics had changed.

Meanwhile, one Ginnie EBO investor (not a servicer) said prices for such loans in the secondary market were getting expensive...

The impairment rate on securitized non-QMs increased by 40 basis points on a monthly basis to 11.1% at the end of February.

HUD has no plans in the near-term to adjust FHA mortgage insurance premiums.