Elizabeth Warren, D-MA, and Chuck Schumer, D-NY, have requested Bill Pulte's official calendars and questioned his availability to address FHFA issues.
Bayview acquired $28.91 billion in unpaid servicing principal balance during the quarter, a nearly 90% increase in bulk acquisitions compared with its activity in the first quarter.
About 50% of homeowners said that their mortgage could become unsustainable without a lower rate in the next three years, according to a recent Truework survey of buyers who purchased a home in the last 24 months.
Brian Johnson said he would prioritize protecting consumers, promoting accountability by ensuring the bureau acts prudently and within its statutory limits, and modernizing CFPB operations.
The GSEs are acting like a relative value investor rather than crowding out other agency MBS investors, according to leaders of REITs that focus on agency MBS.