Trade groups say small and mid-sized independent mortgage bankers don’t need more federal supervision because they pose no systemic risk.

The Mortgage Bankers Association argues that higher income thresholds would allow more minority borrowers access to low-downpayment mortgages like HomeReady and Home Possible.

Tappable home equity should remain sizable in 2023, signaling opportunity for an uptick in home-equity loans.

The Mortgage Bankers Association and others in the mortgage lending and affordable housing communities commented on an FHA request for information on the challenges of small-balance mortgage lending.

The Community Home Lenders of America wants federal officials to ban significant disparities in the fees charged to lenders for credit reports, but analysts say it’s unlikely that policy pressure will stop them.

Mortgage brokers argue homeowners shouldn't have to pay fees to fund governmental policy initiatives.

The rule, which takes effect Dec. 21, differs somewhat from those that apply to other federally backed mortgages. 

FHA moves away from the Catalyst Electronic Appraisal Delivery module; the Mortgage Bankers Association asks the Senate Finance Committee to make the mortgage insurance premium tax deduction permanent; and more. 

Although FHA is required to maintain a minimum 2% capital ratio, there’s nothing in its Congressional mandate that speaks to a maximum.

The falloff in refinance issuance is easing, but perhaps only because it's nearing rock bottom. (Includes two data charts.)