A group of 16 mortgage REITs held $196.29 billion of residential MBS on their books at the end of September.

Chase is marketing its first expanded-credit MBS with mortgages for primary residences.

The final rule establishes ability-to-repay requirements for Property Assessed Clean Energy loans.

Some mortgage borrowers are “being caught in a customer service doom loop,” according to the CFPB.

The Senate approved S. 3502, The Home Buyers Privacy Protection Act, on a unanimous vote.

Much of the decline was the result of a change in how Freddie Mac classifies loans subject to a repurchase claim for which the seller has provided a remedy.

The Supreme Court’s decision effectively grants the CFPB authority over the ABS market.

The Mortgage Bankers Association noted some notices of violation sent by HUD’s Mortgagee Review Board seek civil monetary penalties for violations of the National Housing Act, and others mention other administrative actions.

Chris Willis, a partner at the law firm of Troutman Pepper, said the rule is “complex” and has caused a lot of “confusion and misunderstanding.”

Fannie Mae economists forecast “no meaningful decline ” in the 10-year Treasury rate in 2025.