The CFPB is in the process of hiring 75 additional staff to help with the workload the bureau’s enforcement office is facing.

Economists pick through the mortgage data to try to understand when things will get better for the industry.

The Mortgage Bankers Association and the National Association of Realtors applauded the news.

Debt service coverage ratio mortgages qualify borrowers based on rental income rather than the traditional debt-to-income ratio metric used by the GSEs.

A coalition of trade groups has told FHFA that they can’t accurately compare new credit scores with old ones unless they have data going back prior to the financial crisis.

FHFA and the Mortgage Bankers Association have asked legislators to exempt Fannie Mae and Freddie Mac from new laws governing the use of automated underwriting systems and other artificial intelligence tools.

Congress should consider legislation to allow Ginnie Mae to expand its pass-through assistance program to give nonbanks a liquidity backstop, according to the Financial Stability Oversight Council.

The Mortgage Bankers Association has called for the creation of a national housing policy director position in the White House.

Jeffrey Weidell, CEO of Northmarq, testified before a House oversight subcommittee last month on behalf of the MBA.

FHA plans outreach and training to lenders and appraisers on the rule’s impact.