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.

Refi applications increased by nearly 20% in a week as interest rates declined.

The correspondent channel took market share from the retail channel in the conventional-conforming sector in the third quarter.

Interest rates declined by nearly 70 basis points during November, fueling demand for refis.