Owners of mortgage servicing rights are in a sweet spot right now – thanks to rising interest rates, which have caused the asset value of their portfolios to rise by as much as 15 percent this year.

There is a lot of interest in Ginnie Mae’s proposed credit-risk transfer pilot with FHA that’s scheduled for later this year, according to the agency’s acting chief.

This is what can happen when a federal agency is taken over by someone who once called it a “sick, sad joke.” Consumer Financial Protection Bureau Acting Director Mick Mulvaney this week issued a semiannual report asking Congress to remake the agency and require that major CFPB rules be approved by Congress.

The next and final RFI from the CFPB will address consumer inquiries…

Federal regulators should establish a “regulatory sandbox” to encourage innovation by lenders, according to the Mortgage Bankers Association.

Wall Street powerhouse The Blackstone Group acquired Skyline Lending late last month, setting the stage for a potential shakeup at its mortgage operations, which include Finance of America and Stearns Lending.

Lenders cited a lack of inventory of homes for sale as one of the major factors limiting demand for purchase mortgages.

Having little proficiency in English is a big impediment to homeownership, according to a new study by the Urban Institute that examined homeownership by zip codes. The think tank lauded the addition of the preferred language question to the Uniform Residential Loan Application and said it’s a move in the right direction.

Nonbanks accounted for just over half of the total first-lien mortgage production by the top 100 lenders in the market, according to a new Inside Mortgage Finance analysis and year-end tally.

Stone Point Capital has acquired a controlling stake in due diligence provider American Mortgage Consultants.