Deferred Action for Childhood Arrivals participants are eligible for government-insured loans, Joe Biden’s FHA declared.

The new PSPA will allow Freddie Mac and Fannie Mae to continue retaining earnings until they reach the regulatory minimum capital — almost $283 billion combined.

Lenders are likely to see tougher regulatory enforcement in the coming years, along with increased support for affordable housing.

Every nonbank mortgage company and its brother is going public these days. Right? Well, not everybody.

Fannie and Freddie will no longer purchase loans that go into forbearance before delivery. They have, however, begun charging a 50-bps adverse market fee for essentially all refis.

The new standards for qualified mortgages will provide lenders more underwriting options. But how much change that will bring in product market share remains to be seen.

Primary/secondary spreads are thinning. Meaning? Also, former Fannie executive Andrew Bon Salle lands at Home Point right before its IPO.

It was that kind of year in 2020: chatter about fat checks for CEO/proprietors. Some may have earned more than the nation’s top athletes but probably less than Oprah.

The calendar has just turned and already we have a decent-sized M&A deal.

To meet FHFA’s new mission-driven purchase volume requirements, Freddie Mac will modify its guarantee-fee discounts for low-, very-low- and moderate-income loans.