As market volatility declines, non-QM shops are once again able to break even on loan sales.

The Federal Home Loan Bank System reported combined net income of $502 million for the first quarter.

Ginnie Mae said Monday it will move beyond the pilot phase for its digital collateral program by opening it up to new applicants on June 20.

Georgia Gov. Brian Kemp, R, recently signed legislation allowing mortgage lenders and brokers to employ people who were formerly convicted of felonies, but only for out-of-state positions with zero access to Georgia mortgage loans.

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The share of borrowers exiting relief in delinquent status is increasing, according to the bureau’s latest report on mortgage servicers’ response to the pandemic.

The lack of discussion on qualified mortgage suggests that revising the standards isn’t a high priority for either lenders or the CFPB.

The bureau will be adding up to 20 new employees, most of them attorneys, as it prepares to take aim at larger firms and recidivism.

The rule affirms the terms under which state attorneys general can pursue claims under the Consumer Financial Protection Act, reflecting the bureau director’s desire to collaborate more closely with state authorities.

Attorneys believe the bureau categorizing some enforcement cases as fair lending-related, even without violations of the Equal Credit Opportunity Act, suggests a shift in its approach on the issue.