Some industry lobbyists believe the Senate Banking Committee hearing on GSE pilot programs will not be held this year at all.

In past downturns, large lenders and servicers were either sold outright or they joined forces with like-sized companies…

Fannie Mae and Freddie Mac continue to sell NPLs but for how long?

The report says that while running the agency, Mulvaney has “cherry-picked the law to promote his ideological agenda.”

When the measure was first introduced, one housing lobbyist quipped: “This is like someone laying on their death after drinking and sinning and finally realizing they need to get baptized. This is not being introduced for good political reasons.”

Commitment levels are decent, but nonbanks just aren’t using the lines they’ve been granted.

OCC examiners noted greater use of asset dissipation underwriting, a practice used to qualify borrowers using a “hypothetical income stream from their asset liquidation rather than debt-to-income ratios.”

Although the manufactured home industry is lobbying for chattel lending, Fannie Mae and Freddie Mac still require real property for collateral.

KBRA said nonprime issuance in 2019 should benefit from an increase in origination volume and other efficiencies…

The VA notice says there are “urgent and compelling circumstances” that warrant issuing an interim final rule that will go into effect quickly.