The CFPB alleges that Freedom didn't sufficiently address HMDA reporting issues following a 2019 consent order.

NPL sales by the GSEs declined by 66% on an annual basis in 2022.

“When the yield on the 10-year [Treasury] goes up more than 50 basis points in less than a month, something is going to get broken,” one consultant noted.

FHA Commissioner Julia Gordon said creating the infrastructure FHA wants from a technology perspective or a contracting perspective is difficult in the current environment.

Applications for ARMs increased by 15% on a weekly basis.

The structured finance market produced $396.17 billion of new issuance in the third quarter, down 4.5% from the second quarter.

Concerns about interest rates outpaced home prices for the first time since Fannie started surveying consumers in 2010.

The comment period closed last week on a July proposal from HUD.

“The only kind of new supply coming out of the market in any scale is ground-up construction or refreshed housing products,” said Steven Trowern, the founder and principal of Temple View Capital.

In a speech Monday, Michael Barr largely defended the Basel proposal while also encouraging feedback to help with potential revisions.