CFPB Director Rohit Chopra said the bureau is working toward allowing state attorneys general to bring claims under federal statutes.

A mortgage company’s best chance at being heard in policy matters is to target the same four themes the Biden administration is using to drive policy decisions.

Fannie and Freddie stock prices jumped (only briefly) on news the two entities will be able to buy loans worth close to $1 million in 2022.

Freddie Mac will implement a higher income threshold for its Refi Possible product for low-income borrowers beginning Jan. 31.

The National Flood Insurance Program was scheduled to expire on Dec. 3 You might say disaster was avoided, for now.

The unprecedented increase has FHFA leadership thinking about the relationship between the conforming loan limits and home price appreciation.

The mortgage production cycle is starting to turn, so that means a reduction in headcount. But based on third-quarter results from a handful of public shops, the trimming has been light thus far. (Includes data chart.)

Some non-agency lenders are sticking with the older QM standards due to concerns about liability tied to income and employment verification requirements under the newer, more lenient QM standards.

The former president claims he wanted to fire former FHFA Director Mel Watt and let Fannie and Freddie out of conservatorship.

Industry consultant Paul Hindman said the LO’s success was, in part, driven by Guaranteed Rate’s unique business model.