Of the alternative documentation used, bank statements looking back 12-23 months, accounted for 41.6% of that group.
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The move may have been related to the government-sponsored enterprise's duration gap but could also have resulted from many other considerations.
1h ago -
House Speaker Mike Johnson, R-La., reportedly plans to send the recently passed housing bill to the White House on Monday, starting a 10-day clock for the president to sign the bill.
June 26 -
The national delinquency rate rose 15 basis points to 3.5% last month due to a calendar anomaly, marking a 4.5% month-over-month incline and 9.4% annual change.
June 26 -
Half the borrowers are self-employed, and 21.5% of the mortgages have multiple borrowers.
June 26 -
Banks could restart mortgage servicing businesses and strengthen the RMBS market.
June 25
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Christopher Phelan, President Donald Trump's nominee to chair the Council of Economic Advisers, declined to directly answer questions about recent inflation data and the effects of tariffs on consumers during a Senate confirmation hearing Thursday.
June 25 -
The deal is a master trust and will use its proceeds to repay all outstanding series of notes, not sharing identical collateral of prior issuances.
June 25 -
The Bureau of Economic Analysis' personal consumption expenditures inflation report for May showed that inflation had risen 4.1%, meeting elevated expectations and casting further doubt on the prospects of near-term interest rate cuts from the Federal Reserve.
June 25 -
Each Small Business Administration 7(a) loan collateralizing the notes are secured by mostly motel, hotel and gasoline and convenience store commercial real estate (CRE) properties.
June 24 -
Foundation had introduced Version 3 of its credit risk model, using the most recent delinquency data, to improve loan performance predictions.
June 24 -
President Donald Trump said he wouldn't sign the housing bill, which includes several riders aimed at helping community banks, until Congress passes the SAVE Act.
June 24 -
The A-1-V notes are not expected to be drawn at close and will have to observe certain leverage and debt service coverage ratio (DSCR) conditions.
June 23



















