Acra, a top player in the non-qualified mortgage market, has a new CEO, Shawn Stone.

Mortgage hiring moved forward in June but not by much amid uncertainty on the outlook for interest rates.

Increasing home insurance premiums have caused delays in mortgage closings, according to Matic, an insurance carrier.

Some $324 million in congressionally appropriated funding for the CDFI Fund has yet to be released by the Trump administration.

The bill is now headed to President Trump’s desk; Frank Cassidy nominated for FHA commissioner.

The Mortgage Bankers Association and other groups supported the wide-ranging bill which is aimed at housing affordability. MBA, though, raised some concerns about appraisal reforms included in the package.

While delinquencies on loans in Ginnie MBS are much higher than for GSE mortgages, prices for Ginnie MSRs can rival those seen for GSE servicing, for some characteristics.

New credit score data, such as rent payment history and bank account cash flows, may benefit some mortgage borrowers, but the new elements could also cause some problems.

The Federal Reserve and Treasury Department are on a path to reducing capital requirements for banks, large and small. The motivation includes the shift seen in mortgage lending toward nonbanks following the 2008 crisis.

After working for more than two years toward a spinoff of Newrez, Rithm Capital paused the effort and will invest in the mortgage unit.