Author name: Ricky Vasquez

Mortgage rates had their best day of the month so far with the top tier 30yr fixed rate falling 0.08% for the average lender to the lowest levels in exactly 4 weeks. Today’s improvement is a bit bigger than today’s bond market movement would suggest. The discrepancy is due to timing. Bonds were improving fairly […]

Larger loans are increasingly showing up throughout private-label residential mortgage-backed securitizations, even in transactions outside the jumbo sector, according to new research. Processing Content Balances of $1 million or more are becoming more common for securitizations in the market for loans made outside of the qualified mortgage definition’s parameters, according to a Bank of American

With mortgage rates sitting well above 6% for much of the last three years, nearly half of younger homeowners have struggled to make mortgage payments, an industry report finds. Processing Content Half of Gen Z homeowners and 44% of millennial homeowners were at risk of missing at least one mortgage payment over the last two