The first Black woman to serve as head of the Federal Housing Finance Agency squeaked through the confirmation with just one Republican vote, Sen. Mike Rounds of South Dakota.

Investors are showing little demand for new issuance of CLOs and trading in the secondary market. CLOs are being sold off and are meeting with few potential buyer options.

The Mortgage Industry Standards Maintenance Organization backed Ginnie’s updates to the digital collateral program.

A recent district court decision illustrates the importance of the powers ascribed to trustees in governing pooling and servicing agreements when initiating a foreclosure action.

Some experts now say Federal Reserve purchases of agency MBS will fall to zero by September.

The Senate voted 49-46 to confirm Sandra Thompson as director of the Federal Housing Finance Agency. She is the first Black woman to serve in the role.

Last week the Consumer Financial Protection Bureau issued an interpretive rule affirming states' ability to enforce the Consumer Financial Protection Act and several other federal consumer protection laws.

A Fannie Mae survey showed 94% of the 188 lenders asked feel that efforts by the GSEs to modernize appraisals are valuable.

Lisa Rice, CEO of the National Fair Housing Alliance, said it will take “thousands of equity-centered programs” to close racial homeownership and wealth gaps.