While the Federal Reserve intervened in the mortgage market to lower rates, lenders did not pass along all the savings to homebuyers, the former Freddie chief said.

Some industry watchers caution that looming volatility from a potential economic slowdown could lead to an uptick in delinquencies and foreclosures.

New York Community Bank and Flagstar Bank are now pursuing their proposed merger under a national charter and have until Oct. 31 to close the deal.

Residential mortgage lenders are trimming their workforce but at a very slow pace, which could lead to serious losses in the second half of the year, according to industry consultant David Lykken.

Another blow-out earnings quarter from Freddie Mac. But earnings were juiced a bit by loan-loss reserve recaptures. Meanwhile, its net worth continues to increase.

FDIC-insured banks are eager beavers when it comes to MSR acquisitions these days, dealmakers report. But have prices peaked? Not yet.

Trade groups representing smaller nonbank seller/servicers say it’s the larger nondepositories, with nearly 70% of the market, that pose the biggest risk to Fannie and Freddie.

Rather than encouraging lending in flood-prone areas, mandatory flood insurance requirements limit mortgage originations for borrowers with low income or low credit scores, researchers at the NY Fed found.

The Biden administration’s move to reduce the impact of medical debt from consumer credit reporting will make it easier for some homebuyers to qualify for government-backed mortgages.

If you’re looking for some good news regarding the mortgage sector, take a peek at MSR values for 1Q22. They increased nicely, offering some shops a financial boost of sorts.