A full Senate vote on Julia Gordon’s nomination as FHA commissioner could slip into 2022, while the Senate Banking Committee could vote on Alanna McCargo’s nomination as Ginnie Mae president this week.

A tougher origination year in 2022? Looks that way, but forecasts can change on a dime when unexpected news alters economic perceptions. Meanwhile, a fist full of nonbank stocks are selling for less than $5 a unit.

The bulk market for MSR sales has never been better, and that’s a bit of a problem. Activity is so robust that due diligence reviews are piling up, delaying deal closings. A good problem to have? It depends on your profit goals.

Non-QMs offer the promise of strong margins and a product to replace refinance volume. They also account for a miniscule portion of mortgage originations.

Senate Republicans say they’re prepared to let the current debt ceiling lapse if Democrats won’t use the budget reconciliation process to pass it on their own, with implications for the GSEs.

FHA must do more to ensure its lenders approve only loans for borrowers who meet the program’s statutory, regulatory and eligibility requirements, the HUD’s internal auditor said.

The report, alongside several other federal agency reports, addresses how the government will act in creating new standards to protect communities and mitigate climate change’s economic effects.

We pointed it out before, but the situation has not changed: Nonbanks that went public over the past 16 months are not doing well when it comes to share price. As for meaning: Such a performance does not bode well for other nonbanks contemplating life in the public realm.

Is the great warehouse lending party just about over? It’s starting to feel that way to some managers. Ominous sign: new entrants. (Includes data chart.)

The FHA Mutual Mortgage Insurance Fund ended fiscal 2021 with a capital ratio of 8.03%, more than four times its statutory minimum. As anticipated, the industry wants FHA to follow up with premium cuts.