President Biden proposed a tax credit of $400 a month to put toward a mortgage.

Federal Reserve Chairman Jerome Powell said major revisions to the proposed capital requirements for large banks are likely.

Must of the increase in bank ABS holdings seen during the fourth quarter of 2023 was due to a portfolio securitization at BMO Harris Bank.

As long as it has at least 12 months of data, a single asset verification report will now be sufficient to validate a borrower's income, employment, assets, and positive rent payment and cash flow history.

New York Community Bancorp has its third CEO in less than two weeks.

The appropriations bill includes $54 million in funding for Ginnie for fiscal year 2024 compared with $40 million in funding for FY 2023.

Production of expanded-credit mortgages declined 16.9% last year, while total first-lien originations dropped 40.6%.

State agencies established a set of mortgage and exam programs through the State Examination System.

Neuberger Berman last issued an expanded-credit MBS in August 2022.

Interest rates on GSE refis rose almost immediately after the adverse fee was announced and when FHFA removed the fee in July 2021, interest rates responded accordingly.