To obtain FHLBank membership, an institution must hold at least 10% of its assets in residential mortgage assets.

Lower interest rates didn't translate into higher home sales in November.

An estimated $51.0 billion of closed-end second liens and home equity lines of credit were originated in the third quarter.

A coalition of most of the major mortgage industry participants says FHFA and the GSEs should be more transparent about how they assessed and validated the new credit score models.

“These attacks are prevalent, continue to increase in frequency and sophistication, and are increasingly difficult to detect,” First American cautioned in a recent filing with the Securities and Exchange Commission.

“The market has had more liquidity of late than it’s had in some time,” said Homebridge CEO Peter Norden.

A growing number of homeowners are looking to sell as interest rates decline.

Both FHA and VA issuance volume declined in November, with VA activity posting the larger fall.

The Consumer Financial Protection Bureau and Department of Justice sued a Texas land developer and a nonbank mortgage firm for allegedly targeting Hispanic consumers with false claims about land lots and churning borrowers through foreclosure cycles.

The prepayment characteristics of small-balance mortgages make them attractive to agency MBS investors.