Interest rates on mortgages are expected to remain in a narrow band in the next few years.

Fannie and Freddie issued separate updates aimed at identifying and preventing fraud in mortgage transactions.

Filing deadline for third-quarter HMDA data has been extended to Dec. 12.

The National Community Reinvestment Coalition is accepting confidential tips and will investigate fair lending issues.

Locks for rate/term refis were down 34.3% on a monthly basis.

The average combined LTV ratio for loans in the pending $365.0 million MBS from Citi is 82.8%.

Foreclosure filings declined by 3% on a monthly basis in November.

Agency MBS issuance in November hit a level last seen in August 2022 at the tail end of the pandemic-driven mortgage boom.

“[When] we have a different administration, an administration that believes in enforcing the law, an administration that believes in a level playing field, the apparatus is all there to turn [the CFPB] back on,” Warren said.

Lending standards are loosening as more borrowers opt for adjustable-rate mortgages.