MBA hopes to return to large in-person conferences next year.

MBA suggests that mortgage-investing REITs also would benefit from the relaxation of the FHLB’s eligibility regulations...

The top contributor to the deal is JMAC Lending with a 7.3% share, followed by Commerce Home Mortgage (7.0%) and loanDepot (6.4%).

The FHFA is pushing for legislation that will allow it “to examine the records, operations and facilities” of all Fannie/Freddie servicers – an expansion of its supervisory role over nonbanks.

Most of Freddie’s buyback claims end up being withdrawn by the GSE. A substantial share of Freddie’s loan purchases are underwritten through Fannie’s automated underwriting platform, but not all of the Desktop Underwriter extended services are available if the loan is sold to Freddie.

The CFPB proposed standards for qualified mortgages that don’t rely on a loan being eligible for sale to the government-sponsored enterprises.

“It was a case of ‘we’re all in this together,’ until it wasn’t,” Shenkman said.

The $439.2 million deal was in the works before economic volatility from the coronavirus stalled activity...

Thanks to the coronavirus, it was the worst earnings for mortgage banking since the fourth quarter of 2008…

Under the program, companies can submit specific queries identifying uncertainty in existing rules...