Analyst Richard Bove thinks the new net worth sweep agreement is just a gimmick because the liquidation preference on Treasury’s preferred stock will offset any increase in the GSEs’ capital buffers.

Origination pipelines remain full and lenders, for the most part, are feeling optimistic about profits. Can it last? Probably, as long as rates remain low.

With the CFPB ceasing to defend its constitutionality, financial institutions are challenging the bureau’s enforcement actions.

Fannie and Freddie can keep more of what they earn thanks to a new Treasury/FHFA edict, but buying stock in the two companies remains a dicey proposition.

A Connecticut lender has accused a state regulator of forcing it out of business by adopting an aggressive interpretation of the LO licensing law.

A temporary waiver from appraisals for certain residential real estate transactions in North Dakota has come under fire from Democrats.

In addition to making a decision on how DTI ratios should factor into determining QM status, the CFPB is being asked to endorse an automated underwriting system for the same.

The FHFA is doing its best to make certain the expansionist tendencies of Fannie and Freddie are held in check. Also, a crackdown on g-fee “deals.”

In another about-face, the Consumer Financial Protection Bureau now agrees that its single-director leadership structure is unconstitutional.

Experts doubt the non-agency market can pick up the slack of any reduction in the GSEs’ business once the qualified mortgage “patch” expires.