Departing Federal Reserve Chair Janet Yellen quietly rode off into the sunset this week, with the Fed’s Open Market Committee deciding to keep interest rates unchanged, as expected. The fed funds target range remains at 1.25 percent to 1.50 percent.

Data initiatives meant to streamline technological innovations and provide better information are actually giving mortgage lenders a hard time. A new report by Fannie Mae showed that 74 percent of lenders agree that attempts to standardize data are needed, but many run into challenges in implementation.

Ginnie Mae is planning to make enhancements to its disclosure offerings in 2018 and 2019 to benefit MBS issuers and investors.

Among residential servicers, Ditech ranked 11th at yearend, according to figures compiled by Inside Mortgage Finance.

Fannie and Freddie issued just $2.01 billion of structured credit notes during the fourth quarter, a sharp 44.5 percent drop from the previous period…

The NAR request comes at a time of rising interest rates…

New agency guidance makes clear that issuers are expected to make an ongoing investment in servicing capability…

CFPB Senior Advisor John Czwartacki said: “The bureau’s statutory mandate includes the supervision and enforcement of fair lending laws and regulations … the bureau will continue to perform those functions.”

Among servicers, Ditech ranked 11th at Dec. 31, according to figures compiled by Inside Mortgage Finance.

Investors Unite is not happy...