Fitch, S&P and Moody’s continued to dominate the ABS market’s key sectors: vehicle and business finance. The residential MBS business is spread out more among the five major ratings services. (Includes two data tables.)

The biggest growth was in agency pass-throughs, while bank trading accounts saw a small decline in agency CMOs. (Includes two data tables.)

Performance in the category varies by borrower type.

FCI Lender Services is seeing success subservicing securitizations of residential transition loans and other non-agency MBS.

The practice can be used to help boost transparency and accelerate settlements, according to industry experts.

The Fed cut the federal funds rate by 25 basis points this week and further cuts are expected. Even if interest rates on mortgages don’t come down much more, demand for loans is expected to increase.

The Trump administration is ramping up discussions regarding reforms to the government-sponsored enterprises but it’s still not clear what the result will be. Whether Congress will take action is also an open question.

There’s nothing like falling interest rates to nudge a mortgage company to sell MSR. But what if rates decline more than anticipated?

Mortgage lenders and their partners are working to figure out how to implement both Classic FICO and VantageScore 4.0 credit scores.

Democrats in the House offered 14 housing-related bills, many with bipartisan support.