Beginning Dec. 9, servicers must use Freddie’s Resolve default management tool to complete the following actions: charge-offs, foreclosure sale reporting, custom modifications, deed-in-lieu of foreclosure and third-party foreclosure sale settlements.

Refis accounted for 55.7% of mortgage applications last week.

The retail channel boosted its share of conventional-conforming lending by 308 basis points to 43.2% in the second quarter of 2024.

The affordable housing crisis is linked to a lack of housing supply, MBA panelists said.

A proposal suggested by Rohit Chopra, director of the CFPB, could be difficult to implement in the mortgage market.

The revamped rules allowed lenders to use a wider variety of standards to meet ATR and qualified-mortgage requirements while also introducing some uncertainty on whether specific loans comply with ATR standards.

Annual readings for home price appreciation are close to falling below the increase in conforming loan limits some lenders have offered for 2025.

At the end of June 2024, the GSEs accounted for 47.6% of servicing outstanding.

Much of the groundwork for administrative reform of the GSEs was laid during the previous Trump administration.

It will be the 10th warehouse securitization from loanDepot.