Meanwhile, mortgage wholesalers are starting to reassess their rate-lock policies for shelter-in-force states...

In a time of crisis should Fannie and Freddie be allowed to hold more MBS? Hike the GSE loan limit too?

At yearend, commercial banks owned more MBS than any other investor cohort at $1.793 trillion. The Fed was second, but that's going to change...

The maneuvers have raised questions about the CFPB’s ongoing rulemaking, supervision and enforcement activities…

Homebridge Financial’s wholesale division and theLender both announced suspensions to their non-QM lending operations. Others will follow, rest assured...

Consultant Paul Hindman, who heads Grid Financial, said he knows of one lender who recently sent 1,000 workers home “with new equipment.” He did not identify the shop by name.

Freedom Mortgage said it has mobilized its work-from-home protocols and “dramatically reduced our work-from-office personnel.”

Calabria suggested the new version of the capital rule might not look so different from the version proposed under the previous director, Mel Watt.

The goal is to stop a tidal wave of housing-related financial damage that might potentially destroy the social fabric of the nation.

Fannie and Freddie said residential borrowers are expected to contact their servicer to set up forbearance plan.