S. 3502, the Homebuyers Privacy Protection Act, received prompt support from a number of industry trade groups.

The sector is shrinking thanks, in part, to the origination downturn and meager gains in mortgage debt outstanding.

After the Fed held rates steady Wednesday, uncertainty regarding the path of future rate movements appeared to clear.

The proposal provides banks an incentive to exit senior tranches of asset-backed securities in exchange for more junior and riskier tranches, according to the Securities Industry and Financial Markets Association.

Fannie Mae, JPMorgan Chase and PennyMac are among the financial institutions that use AWS to perform tasks within a digital cloud computing environment.

UWM is offering interest rate discounts on loans from streamlined refi programs at FHA and VA.

Deliveries to the GSEs were down 7.0% in November compared with October.

Jonathan McKernan, a director at the FDIC, suggested slowing implementation of controversial provisions in a proposal on capital requirements for large banks.

Prices for some credit reporting products have jumped by 400%.

The securitization is sized at $124.5 million and received a preliminary A- rating.