As one veteran manager characterized it: “It is what it is.”

Mortgage banking firms were the largest part of the sample with 104 institutions.

The “A” bond on the securitization pays investors 4.5%...

Black Knight: "The decline in serious delinquencies has been slower than might be expected given the large number of borrowers who have exited forbearance"...

Fannie's net worth keeps climbing but its new CFO notes the MBS guarantor is "significantly" undercapitalized...

Among other requests, the trade group wants the bureau to exempt smaller nonbanks from exams or audits...

Smaller nonbanks don’t have the economies of scale to monitor how the CFPB might deviate from state interpretations of federal consumer mortgage rules and regulations, the Community Home Lenders Association said in a letter to the CFPB.

Trade associations said HMDA disclosure requirements impose a substantial financial burden on their members, while advocates pressed for more data to be collected and published.

A ruling that securitization issuers can face enforcement for the actions of their servicers has prompted concerns among industry participants.

Senior staff from across federal agencies, including the CFPB, have criticized the Appraisal Foundation's proposed changes to professional appraisal practices for not adequately addressing discrimination in the appraisal process.