Spreads on interest rates between jumbos and conventional-conforming mortgages are at some of the widest levels ever seen, driven by uncertainty on monetary policy and strong demand from banks for jumbos.

The SEC has a proposed rule that would mandate climate-related disclosures. The Federal Housing Finance Agency and federal banking regulators are also incorporating climate-change assessments.

Despite a significant decline in indictments and convictions, the FHFA IG’s Office of Investigations secured more than six times as much in restitution than in the prior period.

Expanded-credit mortgage was the only product line to show any growth in the first quarter of 2022, and more lenders are sizing it up as agency and jumbo markets wilt. (Includes two data charts.)

FHA premium cuts are being closely analyzed by HUD while FHFA and Treasury have had no talks about reforming the GSEs through the PSPAs. MBA also pressed FHFA on LLPA changes for conforming jumbos and mortgages for second homes.

With some mortgage companies trading below their liquidation value, is now the time to stage a takeover? It depends. Meanwhile, former FHFA Director Mark Calabria this week broke his silence on what may lie ahead for Fannie Mae and Freddie Mac.

Falling revenues and a decline in loss reserves at Fannie and Freddie signal the end of the housing boom and a return to revenue normalcy.

Both government-sponsored enterprises have now formally banned the use of virtual currencies for conventional mortgages.

The big-box retailer no longer offers its store members mortgage pricing options or provides lenders mortgage leads.

Is the long-awaited M&A tsunami finally here? Maybe, maybe not. But one thing is for certain: Some of the IPO class of 2020-2021 might be vulnerable.