Since the beginning of quantitative tightening in June, the Federal Reserve has been able to shed less than 20% of the agency MBS it had planned by this date. 

Ginnie Mae has been running stress tests on nonbanks since 2018. Each issuer is tested twice a year and the analysis covers all four Ginnie programs. 

UWM is offering a one-year price break of up to 300 basis points for mortgage borrowers. A price war? That’s how some in the industry view it. Note: Price wars have been known to end badly. 

Blank-check company Aurora Acquisition Corp. issued a new 10-K mid-month, saying little about its merger partner Better.com. 

In a new supervisory roundup, the bureau cited mortgage companies for violating loan originator compensation rules and charging payment-method convenience fees. 

A Cleveland homeowner says Nationstar (now known as Mr. Cooper) improperly declined his COVID-related loan-modification request. Nationstar acquired the servicing rights from another company. 

The relationship between waivers and prepayments began to decline in April 2021, as the refinance wave cooled.

The recent rise in interest rates has slowed the pace of home price appreciation, according to reports from Zillow, Redfin and the National Association of Realtors.

loanDepot moved its servicing inhouse. UWM is sticking with its two subservicing vendors...

There haven’t been many capital markets deals lately because spreads are too wide, noted one panelist...