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

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.

Rates are rising and that means an end to the refi boom? Don’t bet on it.

According to the U.S. Census Bureau, 19.4% of Black borrowers missed or delayed their September mortgage payment. The University of Southern California’s Understanding America Study put the figure at just 5.9%.

Banks continued to retreat from the business of servicing home loans for other investors as nonbanks increased their MBS servicing by 6.6% in the third quarter. (Includes two data charts.)

QM status will no longer be tied to whether a loan is eligible for sale to the GSEs, potentially prompting a shift toward non-agency mortgages.

The proposed rule establishes new liquidity, as well as reporting, requirements for Fannie Mae and Freddie Mac.

State regulators should propose thresholds to relieve smaller nonbank servicers from certain regulatory requirements, said the CHLA.

Justice Stephen Breyer raised eyebrows by characterizing the government’s net worth sweep of Fannie Mae and Freddie Mac profits as nationalization of the GSEs.

House Financial Services Committee Chair Maxine Waters, D-CA, wants various rules and regulations introduced during Trump’s presidency to be rescinded or replaced.