MBA predicts three Fed rate cuts this year as nonbanks return to profitability for the first time in two years.

Although mortgage “franchise” deals have been few and far between this year, branch network sales have been a different story. One reason: Employees at those networks feel they might be better served under a more aggressive boss, especially with lower rates expected.

The nonbank misled borrowers into believing that its cash-out refinance loans were less expensive than their existing mortgages.

Industry experts at a MISMO conference discussed the challenges of forecasting climate risk and its impact on mortgage performance.

The court said the CFPB has authority to issue the rule that will establish HMDA-like reporting standards for loans to small businesses.

loanDepot introduces first-lien HELOC; MFA promotes co-chief investment officer; Calque expands buy-before-you-sell product suite.

The Mortgage Bankers Association and the Housing Policy Center have urged VA to extend the deadline to implement the Veterans Affairs Servicing Purchase loss-mitigation program though Dec. 31.

Some questioned whether the proposed $25,000 downpayment assistance to first-time homebuyers would be enough in some housing markets.

Researchers at the Urban Institute suggested alternatives to provide liquidity support to Ginnie Mae nonbank issuers and suggested that the Federal Housing Finance Agency be the prudential regulator for nonbanks.

The updates to FHA Connection will support implementation of revisions to the 203(k) rehabilitation mortgage insurance program.