Trade groups representing appraisers said the proposed automated valuations are really just rebranded desktop appraisals, not too dissimilar to the ones that helped crash the housing market in 2008.

The powerful consumer regulator said extending the compliance date of the general QM final rule will give lenders more time to use the GSE “patch.”

Shorting mortgage stocks seems like an easy way to make money, Right? Don’t bet on it, especially when insiders own most of the shares.

State regulators in 2021 plan to establish a streamlined examination process for nonbanks, as well as string together standards for servicers.

The Consumer Financial Protection Bureau plans to propose a rule to delay the mandatory start date of the general QM final rule. The agency is also considering revisiting the new seasoned QM rule via rulemaking.

A new reality is settling into the mortgage industry, one driven by higher rates and lower profit margins. Fasten your seat belts.

Of the lenders analyzed by hedge advisory firm MCT, 25% will be directly impacted by the $1.5 billion cap on the amount of loans Freddie and Fannie can purchase from each seller over any four-quarter period.

Several trade groups are urging the FHA to adopt identical compliance aid language used in other federal agency regulations when allowing private flood coverage as an option for single-family insured loans.

The co-inventor of the MBS says Fannie and Freddie should be regulated as utilities to improve their affordable housing and racial equity activities. He recommends Treasury use its equity to fund joint venture.

A change in plans for Caliber’s MSR sales? Looks that way but bidders will get another shot. Meanwhile, servicing values are firming up.