States have begun taking applications for homeowner assistance programs funded by the Treasury Department and designed to prevent foreclosures stemming from the pandemic.

The connection between work from home and productivity; Supreme Court blocks vaccine mandate for larger employers; Figure revises bank charter application; parent of Texas Capital Bank launches broker dealer.

A few years back, we didn’t hear much about mortgage firms selling debt, at least not publicly. Today, debt sales are becoming commonplace, but for how long?

Retail lending by depository institutions' mortgage-banking operations fell in the third quarter, but a major acquisition by one bank pushed other indicators higher.

Credit-risk transfer transactions offer capital relief for banks and strong yields for investors. A CRT from Texas Capital Bank could only be scratching the surface of the potential of such deals.

Fed researchers find nonbanks improve the quality of their mortgage servicing by specializing in low-income borrowers.

The Bipartisan Policy Center and the Urban Institute this month called on local, state and federal policymakers to help address the critically short supply of housing, especially affordable housing.

Remote online notarization provision dropped from defense bill; credit unions allowed to acquire MSRs from other credit unions; new document processing technology offering; mortgage tech vendor raises capital; automated mortgage assistance product offered to distressed mortgage borrowers, for a fee.

The government watchdog found few instances where lenders incorporated alternative data in their underwriting.

There is some evidence that production was less efficient in the third quarter, but profitability was up anyway. Servicing income was clearly stronger. (Includes data chart.)