CMLA favors a recapitalization and reform plan for Fannie Mae and Freddie Mac, one where they are transformed into “utilities.”

“The opportunity for us is clear,” said Christopher Abate, president of Redwood. “Capital needs in this still emergent sector of housing finance continue to rise..."

In an unusual development for a top mortgage lender, BofA announced that it would no longer report any information about its mortgage banking operations.

HomeOne will be available beginning July 29…

Rep. Waters wants CFPB acting director Mulvaney to turn over documents regarding meetings he's had with the industry...

Freddie Mac introduced a new conventional 3 percent downpayment program that is open to a wider range of borrowers with no income restrictions or limitations as to where the borrower lives. The new mortgage product, HomeOne, was created to allow lenders flexibility when it comes to helping borrowers anywhere in the country become homeowners and overcome the common hurdle of a lack of downpayment resources, said Danny Gardner, Freddie’s senior vice president of single-family affordable lending and access to credit. He said HomeOne is great for potential borrowers looking to...

The agency share of securitized multifamily mortgages has been high since 2008…

Interesting fact: Most of these non-QM loans were originated by banks...

In July 2017, the CFPB proposed an amendment to resolve the black hole issue and began taking comments.

Mel Watt has roughly eight more months in office, but already industry lobbyists and GSE watchers are playing “guess who the next FHFA director might be.”