With origination profits remaining depressed, most mortgage shops are tapping MSRs to bolster their quarterly results. As that old saying goes, “If you got ‘em, smoke ‘em.”

With mortgage rates approaching 6%, home price appreciation may soon peak.

The U.S. Chamber of Commerce said the multi-pronged assault on CFPB Director Rohit Chopra is an attempt to make rulemaking more predictable and halt the surprising actions and aggressive rhetoric.

Federal regulators have several mortgage-related regulatory revisions in the works, including standards for qualified mortgages and membership at the Federal Home Loan Banks.

Five former Ginnie Mae presidents offered advice to current President Alanna McCargo and her staff at a recent roundtable.

The FHLBanks eked out a tiny profit in 2021, while net income at Fannie and Freddie soared.

It was a good news/bad news story for the second-lien market in the first quarter of 2022. Production increased nicely but outstandings fell. (Includes three data charts.)

When interest rates rise, MSRs increase in value. It happened in 1Q22 and is a sure bet for 2Q. But the breadth of the second-quarter gains is likely to be small, advisors warn.

The Fed was supposed to begin letting assets roll off its balance sheet starting June 1. So far, there’s been little change.

Lower has acquired Hamilton Home Loans. Also, HomeLight is acquiring Denver-based Accept.inc to build out its cash offer program.