Home Point, which once boasted a workforce of several thousand, soon will be down to a skeleton crew of 60 or so. Chances are, it will sell its servicing portfolio and call it a day. But it may not be alone on that score.

The mortgage industry has raised concerns over the cost implications of both the CFPB’s proposed repeat offender registry and its proposed registry of contract terms that nonbanks use to censor customers.

Both Fannie and Freddie made significant strides in meeting the objectives laid out in their 2022 equitable housing finance plans, according to progress reports released by the enterprises.

Lenders should help borrowers buy down interest rates to help close the racial homeownership gap, experts said recently.

The nation’s second-largest residential mortgage lender based on 2022 originations has revived its conventional 1% downpayment mortgage product; FTC approaches court to stop ICE-Black Knight merger.

Private mortgage insurance provider Enact has released its inaugural environmental, social & governance report.

The FTC filed a motion for a temporary restraining order and a preliminary injunction to halt the proposed acquisition of Black Knight by Intercontinental Exchange.

Issuance of single-family Ginnie Mae mortgage-backed securities saw significant declines in the first three months of 2023.

USDA has announced it’s extending through May 31 the deadline for servicers to approve borrowers’ requests for an initial COVID-19-related mortgage payment forbearance.

Lenders interviewed by Inside MBS & ABS said they are receiving more buyback requests than before.