Warehouse executives speaking on a panel at this week’s annual Mortgage Bankers Association convention offered a somewhat bleak view of the market.

Policy changes are coming down the pike for participants in government lending programs to enhance and improve operations, compliance and customer service, according to agency representatives speaking at the Mortgage Bankers Association’s annual convention in Washington, DC, this week.

The Consumer Financial Protection Bureau will issue a new rule that clarifies what lending practices will be considered “abusive,” said Acting CFPB Director Mick Mulvaney, speaking at the annual convention of the Mortgage Bankers Association this week.

As part of a multi-year language access plan, the Federal Housing Finance Agency and the government-sponsored enterprises this week introduced the first phase of a mortgage translation clearinghouse to better serve Spanish-speaking borrowers.

A key Treasury Department official this week affirmed the Trump administration’s broad goals for reform of the housing-finance system.

Ginnie EVP Maren Kasper said the agency is currently working on stress tests for its issuers and could have results by early December…

Both Wells Fargo and Bank of America are rolling out digital mortgage application services this year. Speaking at the annual convention of the Mortgage Bankers Association this week in Washington, the megabanks said they are seeing increased utilization of digital solutions by mortgage clients, which will in turn change the role of loan officers.

An affiliate of Annaly Capital Management is preparing to issue a $384 million mortgage-backed security stocked with non-qualified mortgages and loans for investment properties…

The three major credit reporting bureaus – Experian, Equifax and TransUnion – continued to rank first, second and third, respectively, in the number of complaints filed…

As IMFnews went to press, multiple telephone messages and emails to 360 Mortgage had not been returned.