Mortgage CEOs warn of potential liquidity shocks.

High interest rates depress new loan acquisitions at the mortgage giant, but also limit prepayments, which keeps portfolio earnings high.

“In our experience working around the globe, it is that price [of $1 per score] is more reflective of what scores sell for,” said Chris Cartwright, president and CEO of TransUnion. “They don’t sell for $10 elsewhere.”

Champions Funding is a Community Development Financial Institution whose loans aren’t subject to ability-to-repay requirements.

Applications increased for the first time on a weekly basis since the week ending Sept. 2.

The GSE's agency MBS holdings jumped by $1.79 billion in a month.

The delinquency rate rose above the level seen at the end of July.

“You have to look at where defaults [are] going to be in six months, a year, two years, three years,” said former FHA Commissioner Frank Cassidy.

Fitch is considering using alternative scores and other loan, property and borrower variables to develop a risk-equivalent translation to create an “equated” Classic FICO score across a portfolio of loans to be used within the firm’s origination probability of default model.

On an annual basis, home prices increased by 2.4% in August.