Any removal or adjustment to the QM patch that results in additional non-agency loan volume will benefit mortgage REITs in terms of originations and investments, according to analysts.

A financial transaction tax proposed by Democratic lawmakers has raised concerns about its impact on investor returns and market liquidity.

FASB plans to adopt a staggered approach to implement new accounting rules, including one that would require financial institutions to anticipate and estimate future losses as soon as a loan is made.

A hearing over whether the FSOC should designate the GSEs as SIFIs turns into a debate about the future of housing-finance reform.

The trade group is supporting a proposal to restrict VA cash-out refinance loans in excess of 90% LTV from Ginnie Mae II security pools.

As a result of numerous inquiries, Ginnie Mae has provided additional clarity on the seasoning for VA refinances to help issuers comply with its 2018 guidance on pooling eligibility requirements. Under the Dodd-Frank reform act, to qualify for a Ginnie guarantee, a VA refi loan must have a recoupment period of 36 months and provide a net tangible benefit to the borrower. The seasoning requirement is aimed at curbing serial churning — the repeated refinancing of a loan to generate ...

Ginnie Mae’s new rule requiring servicers to maintain a minimum servicing spread of 25 basis points will have very little impact on medium and large servicers, according to analysts with Keefe, Bruyette & Woods.

Earlier this month, the Financial Stability Oversight Council proposed rule changes that would make it more difficult to designate non-banks as systemically important financial institutions. It’s unclear what the new guidance would mean for the nation’s largest nonbanks, Fannie Mae and Freddie Mac.

The Federal Housing Finance Agency late this week issued a final rule aimed at improving liquidity of the to-be-announced MBS as well as the new uniform MBS, which makes its debut in early June.