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Home Partners of America launched its Choice Lease program aimed at addressing the affordable housing crisis and mortgage access challenges, that are faced by low-to-moderate-income families and underrepresented communities.

Kroll Bond Rating Agency assigned preliminary ratings to six classes of mortgage pass-through notes from OBX 2022-NQM1 Trust, a $556.7 million non-prime RMBS transaction.

Fitch Ratings assigned U.S. primary servicer ratings for non-QM lender A&D Mortgage LLC. The ratings provided show a stable outlook for the company.

Company says January is shaping up to be the most competitive month in housing history.

The STACR 2022-DNA1 Reference Pool consists of 109,774 residential mortgage loans with an outstanding principal balance of approximately $33.6 billion as of the cut-off date.

Foreclosure starts and completions hit record lows nationwide.

Zillow recently analyzed data from the Home Mortgage Disclosure Act and found that Black mortgage applicants are denied a mortgage 84% more often than white applicants.

The Mortgage Economic Review is a monthly summary of Key Economic Indicators, Data, and Events pertinent to Mortgage and Real Estate Professionals.

Nearly half of those planning to move (46%) hope to buy a home.

Pat Dodd has been appointed as the interim president and CEO, replacing Frank Martell.