Issued in late November, the new FHFA regulatory framework mandates Tier I capital of at least 4.0% for Fannie and Freddie, a bar that some stakeholders believe is too high.

The highest year-over-year gains were reported in Phoenix (12.7%), Seattle (11.7%), and San Diego (11.6%). Meanwhile, New York (6.0%), Chicago (6.3%) and Las Vegas (6.4%) lagged behind...

Still, the overall share of ARMs is declining. The loans accounted for 7.5% of first-lien originations in the first nine months compared to 10.8% for full year 2019.

To date, the Irvine, CA-based nonbank has raised $81.5 million through the sale of preferred equity...

VA's moratorium on foreclosures was scheduled to end Dec. 31.

HUD's IG is in the process of reviewing forbearance data provided by servicers and the relief options they offer borrowers.

The analysts suggested that the Federal Housing Finance Agency or the Federal Reserve should handle regulation of nonbank servicers.

Prepayments outpaced new production, prompting a decline in jumbo servicing volume.

Questions posed by the FHFA include whether the GSEs should use appraisal waivers and how lenders might manipulate automated underwriting systems when seeking an appraisal wavier from the GSEs.

The CFPB noted that lenders didn't provide relevant data that had been requested by the regulator during the comment period.