As the primary market goes, so go the profits of Fannie and Freddie. Both turned in strong results in 3Q19 while announcing improvements in net worth.

The CFPB has moved to supervision in addressing fair lending violations. But lenders/servicers shouldn’t be too relaxed, attorneys warn.

FHFA Director Mark Calabria said any revised qualified mortgage rule introduced by the CFPB should be applicable to all lenders. Industry participants are unsure how the regulator will address the issue.

Residential originations could top $2.06 trillion this year, according to a new forecast from the MBA. But is MBA being too cautious?

Stress testing issuers isn’t confined to just the largest players in the Ginnie market. The agency plans to look at lower-ranked firms as well.

If the mortgage industry doesn’t change the way flood risk is assessed, lenders could begin to “blue-line” certain areas, refusing to lend due to unacceptable flood risk, according to a paper published by the San Francisco Fed.

Lenders worry that including the language preference question on the URLA might expose them to litigation from non-English-speaking borrowers and slow down the homebuying process.

The Supreme Court has agreed to review a case challenging the constitutionality of the CFPB. Regardless of its decision, it likely will not be the end of the controversy surrounding the bureau’s leadership structure.

Earlier in the year, production forecasts were downright glum. But thanks to the never-ending rate rally, 2019 could turn out to be a $2 trillion-plus year for originations.

A New York district court has ruled against Bank of America in a case relating to interest payments on escrow accounts.