Lenders had argued that any debt-to-income ratio calculated early in the mortgage process would be subject to change and possible redisclosure requirements.

The FHFA director tells NAR members she’s focused on data-driven, fact-based policy-making.

Nonbanks and REITs make a bid for FHLBank membership. Community banks and credit unions say that would be a mistake. Is there a middle ground?

Updates to the guide go into effect in June and July.

The heightened PMIERS capital requirements set by the GSEs when Genworth let its mortgage insurance subsidiary go public have now been satisfied.

STACRs see the return of the B-1 class for the first time since June.

Michael Seelig will serve on the board’s audit committee.

Mortgage repurchases by banks declined by 27% during the fourth quarter. Reserves tied to repurchases increased, suggesting that mortgage buybacks could go back up in 2023. (Includes data chart.)

The Federal Reserve is working to understand why it was unable to prevent the failure of Silicon Valley Bank and some Democrats in Congress are pushing for increased regulation of community banks.

The mortgage market is losing some capacity as Impac Mortgage and Finance of America move away from traditional production. The moves follow steep losses at the companies in recent years.