As federal regulators consider ways to oversee how mortgage lenders disclose climate change risk to borrowers, industry participants warned of unintended consequences if the rules aren’t carefully crafted.

The industry trade group has announced a new policy initiative to help minority families build generational wealth through homeownership.

Lenders looking to incorporate climate risk indicators into their risk models are flummoxed by the plethora of unproven options.

The changes would reduce Fannie’s and Freddie’s capital requirements and increase incentives to issue CRT transactions.

The mortgage giant last week announced its first-ever cash tender offer for its signature CRT product — Structured Agency Credit Risk debt notes.

Homeowners in manufactured housing communities will no longer have to relocate their house before selling it. Also, the seller will have the right to sublease the pad site to the new owner.

A sharp drop in bank mortgage repurchases from the first to the second quarter was due mostly to one institution: USAA Federal Savings Bank. (Includes data chart.)

Fair housing advocates said HUD should continue to monitor mortgage lenders for potential discrimination stemming from the use of predictive technologies.

Shares of Enact Holdings began trading on the Nasdaq this week, surging more than 7% on Day 1.

Layoffs in the mortgage industry? No, not yet. Actually, there were modest staff reductions in 2Q21 but most of the displaced landed quickly.