Industry experts are calling on mortgage lenders to boost spending on cybersecurity given the increased risk of cyberattacks due to work-from-home arrangements.

The Mortgage Bankers Association’s MORPAC political action committee has raised a record-breaking $2.7 million during the current election cycle and mortgage brokers recently launched their own PAC.

The House passed the SECURE Notarization Act, which would allow for remote online notarization and set minimum standards. It would also allow for interstate notarizations.

Borrowers in counties with higher rates of voting and census participation and more nonprofits receive faster loan approvals and better terms and exhibit lower rates of delinquency, according to a new study.

MBA punts on recession forecast; interest rates on mortgages expected to decline; Flagstar merger dragging on; homeowners want mortgage financing for energy improvements.

With FHA loan performance relatively strong and the spike in interest rates this year, early buyout activity from Ginnie MBS is limited. Overall, removals are slowing thanks to elevated interest rates. (Includes data chart.)

Higher interest rates aren’t cutting into the issuance of auto ABS this year and there are few concerns about loan performance.

The mismatch between falling interest income at the Fed and growing interest expense is projected to result in deferred assets of between $60 billion and $150 billion.

The two largest REITs in terms of holdings of agency MBS noted extreme volatility in the second quarter while also suggesting that market dynamics are set to improve.

A federal appeals court panel ruled that the SEC didn’t act on the whistleblower’s information about misconduct at RBS even though it passed the information to the DOJ and FHFA, which reached settlements.