Banks are mixed on what they plan to do in the near term with the increased capital flexibility expected to be offered by the upcoming Basel III capital framework.

Democrats, if they gain majority in Congress, could focus on impeachment instead of new housing legislation, according to Mark McArdle, a senior vice president at Newrez.

Freddie Mac’s Sonu Mittal and Fannie Mae’s Jake Williamson detailed the GSEs’ challenges and successes in a deeply troubled mortgage market.

The Mortgage Bankers Association and other industry trade groups have expressed concerns about the CRA proposal of the OCC and the FDIC being finalized without the Federal Reserve.

FHFA Director Bill Pulte was expected to announce a shift to the bi-merge at the MBA’s conference this week. He ended up skipping the event to join President Trump on the campaign trail.

The Mortgage Bankers Association said its reform measures could be adopted without new laws.

Industry participants are split on the pros and cons of allowing lenders to pull scores from just two credit reporting agencies.

Large lenders are flocking to deploy VantageScore 4.0, but others are being more cautious due to shifting GSE guidelines. There’s also uncertainty for investors in MBS and MSRs.

Some industry attorneys are skeptical whether mortgages can be fully AI originated, while still meeting compliance obligations.

A study by the Mortgage Bankers Association found that lenders aren’t adopting AI as quickly as other financial services companies.