It’s no secret that mortgage bankers and brokers are cutting workers as lending ebbs in a much higher rate environment. But with the exception of Better.com, the layoffs have not been huge. Yet.

A growing sector in home financing involves power buyers, who with all-cash offer guarantees help homebuyers compete against investors.

A Fannie Mae survey of lenders found almost all hope the appraisal process will enter the 21st Century, but most would first invest in digital loan application systems or e-mortgages.

Despite a flurry of recent programs and proposals to address the racial gaps in wealth and homeownership, speakers at a Federal Reserve webinar said more urgency is needed.

Chairman Mat Ishbia suggests those calling for cost reductions and layoffs at United Wholesale Mortgage don’t understand the lender; impact of Biden administration’s housing plan expected to be “limited;” mortgage costs soaring.

Fun fact: Banks continued adding MBS to their portfolios even though they had to write down the value for most of their holdings.

One of the biggest issues regarding the FHFA proposal: the liquidity buffer and committed financing lines...

CFPB Director Rohit Chopra: “In the years leading up to the financial crisis, federal regulators undermined states seeking to protect families and businesses from abuses in the mortgage market"...

Nine of the 11 Federal Home Loan Banks saw their profits jump in the first quarter. Only the FHLBanks of Dallas and Cincinnati experienced declining net income. (Includes three data charts.)

The White House action plan for increasing the supply of affordable housing largely piggybacks on the duty-to-serve plans of Fannie Mae and Freddie Mac.