The selection of Diana Reid means Freddie Mac, Fannie Mae and FHFA are now all run by female executives.

A new requirement to extend language access for home borrowers within the CFPB's proposal to update Regulation X's mortgage servicing requirements will actually do the opposite, according to a joint comment letter submitted on the proposal.

REITs increased their holdings of agency MBS during the second quarter while reducing investments in non-agency MBS and credit-risk transfer securities.

After issuing a final rule on open banking, the CFPB plans a follow-on rule for open banking with mortgages.

Originations of both non-agency and conforming jumbos were up in the second quarter of this year.

“The potential for growth of the sector is massive,” said Sainadh Polisetty, a senior vice president of investments at One William Street Capital Management.

MFA Financial, Rithm Capital and Annaly Capital Management all started marketing new non-agency or jumbo MBS deals this week.

Analysts predict that a rate cut later this month could be as high as 50 basis points.

A cooling job market is good news for the prospect of interest rate cuts.

Locks for rate/term refis doubled in August compared with July.