Officials at Ginnie Mae noted that prepayment rates on Ginnie MBS increased at a faster rate than prepayment rates for GSE MBS due to a quirk in interest rates on VA refinances.

The battle between lenders and the GSEs over loan buybacks continues. But why force a repurchase if the loan is performing?

In Georgia, investors who hold mortgages set for quick securitization will be exempted from the licensing requirements if they hold the loans for 14 or fewer days.

Lenders are compensating for climate change by requiring higher downpayments for properties in areas of higher flood risk and increasing subordination levels in securities with a higher concentration of mortgages in flood zones.

Non-QM lenders are bullish about the sector’s potential despite headwinds in the housing market.

During hearings last week in Congress, CFPB Director Rohit Chopra addressed a number of issues involving the mortgage market.

Increasingly, consumers are looking to the government for help with housing affordability, according to a survey conducted for the Bipartisan Policy Center and the National Housing Conference.

Homeownership rates and household incomes differ dramatically within the AANHPI demographic. Some 65% of Filipino-Americans own their home while just 44% of Tongan-Americans do.

Senate Republicans last week introduced legislation that would require the CFPB’s funding to be subject to the appropriations process in Congress.

The CFPB plans to finalize its personal financial data rights rule this October, Director Rohit Chopra informed lawmakers on Capitol Hill last week. He also highlighted the need for more oversight of technology companies.