The Mortgage Bankers Association sees the likelihood of a rise in sales activity later this year based on recent construction trends, in a turnaround from the 2022 market.

Prime homeowners as borrowers and strong recovery rates help drive confidence in the issuance, but the first-time appearance of deferred loans raises caution.

The government-sponsored enterprise only tweaked the two-year mortgage origination forecast, with a $6 billion reduction for 2023, but an increase of $7 billion for 2024.

The CEOs of the nation's largest banks met with officials in Washington on Wednesday and Thursday, just two weeks before the government is expected to go broke. Behind the scenes, the banks are reviewing contingencies in case the unthinkable occurs.

Of the leases securing the deal, 99.15% are open-end, while the remaining 0.85% are closed-end. This creates a potential positive because loss assumptions on the former are lower.

Jobs numbers, inflation data and the continued debate over raising the debt ceiling are factors applying upward pressure.

The collateral in FortiFi 2021-1 and 2023-1 are similar, In one key difference from Fortifi 2021-1, the current deal has a supplemental reserve account, amounting to $6.2 million.

Community banks tapped the brakes during the first quarter, citing higher interest rates, recession threats and fallout from regional-bank failures. Fed data shows the trend has continued into May, and executives are preaching caution.

The pool is also granular and diverse, with the top 13 insurance companies accounting for 28.3% of the pool balance.

The case involves a house seized for a tax debt — but the state pocketed the profits.

Now that the national emergency is over some — but not all — government-related entities have set what may be final deadlines for this form of pandemic relief.

Democratic and Republican lawmakers alike pilloried former Silicon Valley Bank CEO Greg Becker over his compensation package.