Rates were lower at yearend than Sept. 30, which means MSRs owners can relax and take profits on the asset. Next week, when the megabanks begin reporting 4Q results, we’ll know just how good the numbers are.

Analysts ponder whether the administration is committed to making key reforms to the GSEs in the midst of an election year.

Nonbank fintech lenders put a greater emphasis on borrowers with low credit scores and in areas underserved by banks, according to research pub-lished by the Federal Reserve Bank of Philadelphia.

Mortgage firms must remain vigilant over possible cyber attacks by Iranian hackers in retaliation for the killing of the country’s top military commander, U.S. financial regulators warn.

New Jersey clarified that investors in mortgage servicing rights must obtain a “servicer” license in the state even if they do not handle the monthly processing chores.

Most subservicing vendors continued to see a growth in contracts during 3Q19, but a few specialists are heading for the exits: Ditech (via a bankruptcy sale) and RoundPoint, which is being bought by Freedom Mortgage. (Includes data chart.)

A bipartisan group of lawmakers urged Congress to stop hiking VA loan-guarantee fees to offset costs of non-housing VA programs.

Trade groups believe the changes proposed to FHA’s annual loan-level certifications are better aligned to existing regulatory requirements.

Mortgage lenders will now have to secure express consent from borrowers before using or sharing their tax return information.