The GSEs will now focus on the percentage of multifamily units that meet affordability standards rather than the actual number.

The Conference of State Bank Supervisors unveiled two new tools to help state examiners assess nonbanks’ resilience against cyberattacks.

A plaintiff in a class-action lawsuit claims the Equifax credit score glitch cost her more on auto loan payments.

The market continues to chatter about Wells Fargo’s future in mortgages. Meanwhile, time to cash out of home finance?

After cutting interest rates on its products in late June, UWM expects its gain on sale to decline from 99 bps in the first half of this year to as low as 30 bps in the third quarter.

Some banks are partnering with Rocket Mortgage on originations. Rocket said banks are having a hard time competing with the nonbank.

Fannie Mae will allow downpayment assistance supported by lender-funded grants.

Falling origination volumes and a return to loan-loss provisions point to lower net income for Fannie Mae and Freddie Mac through the end of the year.

With limited demand for refinancing, lenders are peddling other products. While nonbanks are offering home-equity loans, some lenders are selling mortgages with a reduced-fee refi option down the road.

Lenders have already priced in a recession, economists said, forecasting mortgage rates to keep moving sideways, despite the recent interest rate hike by the Federal Reserve.