After several years of deliberations on how Fannie Mae and Freddie Mac use credit scores, the Federal Housing Finance Agency last week proposed a new rule on how the government-sponsored enterprises would consider new scoring methods.

Angel Oak is the nation’s third largest expanded-credit lender…

Banks, savings institutions and credit unions held a combined $3.005 trillion of unsecuritizedsingle-family mortgages in portfolio as of Sept. 30…

Kathy Kraninger: “In other words, we have a legal name but will be using our colloquial name and the branded acronym ‘CFPB.’”

Carrington President Ray Brousseau said the nonbank is committed to the underserved borrower market…

Hindes’ piece is entitled “Fannie and Freddie didn’t get a bailout. It was a stick-up.”

The universe of home mortgage debt outstanding continued to expand gently during the third quarter of 2018, with slightly faster growth in the non-agency sector, according to a new Inside Mortgage Finance analysis and ranking. [Includes two data charts.]

Varde Partners, which four years ago purchased fledgling nonprime lender Deephaven Mortgage, Charlotte, NC, is now contemplating selling the company, industry officials who claim to have knowledge of the matter told Inside Mortgage Finance this week.

Lenders are pessimistic about the outlook on profit margins and demand for purchase mortgages and refinances, according to a survey of 212 lenders by Fannie Mae.

First, the good news: Department of Housing and Urban Development Secretary Ben Carson appears to be staying put despite recent rumors he might be up for another job in the Trump administration.