States hope to finalize standards for nonbank servicers despite strong opposition from industry participants. Details are still being ironed out, and implementation remains a concern.

Conditions are ripe to unload servicing assets, either on a flow or bulk basis. One factor: a fear of higher tax rates.

A number of groups representing lenders and consumer advocates said the CFPB should abandon an effort to extend the QM patch beyond July 1. The regulator also faces hurdles involving the GSEs and federal rulemaking requirements.

Cowen analyst Jaret Seiberg warned the CFPB could be “setting the stage for an enforcement avalanche” against lenders that foreclose on troubled borrowers.

The long running M&A saga of Genworth and its foreign suitor finally ended this week. Also, look for an FHA MIP cut down the road?

Mortgage industry groups continue to put pressure on the Treasury Department and the Federal Housing Finance Agency to revisit the restrictions on the amount of loans Fannie Mae and Freddie Mac can purchase.

The production tsunami continued apace in the first quarter but there’s evidence the waves are dying down.

Most lenders are confident non-QM lending will bounce back to pre-pandemic levels thanks to strong demand for purchase mortgages.

Home loan consultants employed by the bank in California had accused the nation’s second-ranked mortgage lender of wage theft.

Even though any lender can request a waiver, Fannie Mae and Freddie Mac are being cautious in handing them out.