Starting next year, investors and other industry stakeholders will have a more granular view of the capital status of Fannie and Freddie.

The manual describes when flood insurance is mandated and when exemptions are allowed, among other issues.

In addition to higher rejection rates, older mortgage applicants also face higher interest rate spreads, according to new research from a Fed economist.

How do you know when a mortgage cycle has reached its nadir? When originators produce loans at a loss. We’re not there yet but we could be close. Meanwhile, just because a lender announces a stock buyback that doesn’t mean it will happen.

When rates increased substantially in the first quarter, many nonbanks moved aggressively to mark up the asset value of their MSR portfolios. There’s nothing wrong with that, but the volatile nature of servicing makes regulators nervous. (Includes data chart.)

Thompson was confirmed on a vote of 49 to 46.

Spreads on interest rates between jumbos and conventional-conforming mortgages are at some of the widest levels ever seen, driven by uncertainty on monetary policy and strong demand from banks for jumbos.

The SEC has a proposed rule that would mandate climate-related disclosures. The Federal Housing Finance Agency and federal banking regulators are also incorporating climate-change assessments.

Despite a significant decline in indictments and convictions, the FHFA IG’s Office of Investigations secured more than six times as much in restitution than in the prior period.

Even before Julia Gordon took oath as FHA commissioner last week, industry participants were reaching out with calls for action.