Some non-QM lenders are facing pricing issues as demand in the secondary market fluctuates. At least one wholesale lender has suspended originations.

All CFPB employees, including examiners, will telecommute until April 3 in response to the coronavirus, potentially putting all rulemaking, supervision and enforcement activities at the bureau on hold.

Several nonbanks claim to have plenty of liquidity amid the current market turmoil. Servicing will incur losses while originations generate income.

The Department of Justice’s antitrust investigation into FICO appears to be related to an ongoing civil lawsuit between the company and TransUnion regarding underpaid royalties.

Mortgage firms are either allowing call center employees to telework or have stepped up cleaning procedures in response to the coronavirus.

The warehouse lending sector is being inundated with requests for line increases as applications go through the roof. But not all financiers are participating, namely Texas Capital.

The creation of the qualified-mortgage patch was “unfair” but necessary to prop up originations, according to former CFPB officials who were involved in crafting the temporary rule.

The mortgage banking industry is grappling with historically low rates that are spurring a boom in originations but an anticipated bloodbath in MSR markdowns. Profits galore or Armageddon times?

In the wake of the coronavirus pandemic, some state regulators have temporarily eased rules to allow loan originators to telecommute.

The industry has once again written to Congress requesting that guarantee fees be used only as originally intended: as a critical risk management tool to protect against potential mortgage credit losses.