While in the Bush White House, Montgomery assisted in HUD’s recovery and rebuilding efforts along the Gulf Coast and New Orleans following Hurricane Katrina. He is expected to play a similar role in the wake of hurricanes Harvey and Irma.

If confirmed by the Senate, it would be Montgomery’s second go at the FHA post, a position he held in the administration of George W. Bush.

Black Knight estimates there are 1.18 million mortgaged properties in FEMA-designated disaster areas influenced by the hurricane...

New issuance of agency single-family MBS rose for the fifth straight month in August, including an unexpected boost from refinance activity, according to an Inside MBS & ABS ranking and analysis. Fannie Mae, Freddie Mac and Ginnie Mae issued $120.10 billion of single-family MBS last month, a 6.9 percent climb from July’s total. August represented the second biggest month of 2017 but fell short of the $134.21 billion issued back in January. At that point, the MBS market was digesting a strong wave of refinance loans that quickly deteriorated over the following months. But the agencies saw...[Includes two data tables]

The agencies saw an 8.6 percent increase in refi volume from July to August, roughly triple the growth rate of the purchase-money business…

Just because consumers might be off the hook for at least 90 days on making their payments, MBS investors will want their money, noted on observer…

Purchase loans accounted for 67.5 percent of the estimated $455.0 billion in first-lien mortgage originations during the April-June cycle...

Spot-condo approvals would require property recertification every three years…

Wells Fargo’s CMO business was down 36.7 percent from the first half of 2016…

CFPB's Cordray clerked for both Robert Bork and Anthony Kennedy...