The last time Chase issued an MBS focused on ARMs from other lenders was 2019.

DART is a lien and eNote registry built on the Provenance blockchain.

Much of the increase in impairments in August was tied to new 30+ day impairments, which increased by 59 basis points.

The average interest rate on a 30-year fixed-rate mortgage increased by four basis points from last week to 6.30%.

Servicers can comply with the new policies as of Oct. 1, but the mandatory compliance date was extended to Dec. 30.

Hugh Frater, a former CEO of Fannie Mae, warned that merging the GSEs could reduce incentives for innovation and competition on pricing, among other issues.

Redfin cited four factors suppressing demand for home purchases: high home prices, elevated interest rates, limited inventory of homes for sale and economic uncertainty.

"Maybe certain things would be better with a quick email ... or a text," said Sasha Hewlett, an associate vice president of secondary and capital markets at the MBA.

A pending proposal from the CFPB aims to clarify obligations imposed by the Equal Credit Opportunity Act.

Refi business could spike by upwards of 70% next year thanks to expectations for lower interest rates, according to economists at Fannie Mae.