Jonathan Gould was the senior deputy comptroller and chief counsel at the OCC during the latter half of the first Trump administration.

The share of GSE purchase mortgages with credit scores of at least 740 increased from 73.8% in the first quarter of 2025 to 74.6% in the second quarter.

PennyMac and Redwood Trust are marketing separate prime non-agency MBS, the first deals in the market since June 24.

Among other changes, CHLA said the CFPB should allow a lender to reduce compensation to its employees for the purpose of being able to match a competing offer for a borrower an LO has been working with.

It’s not yet clear what’s in the FDIC's pending CRA proposal or if the other federal banking regulators are planning similar proposals.

In some regards, 2024 was a better, but trying, year for mortgage bankers. A handful of publicly traded shops gave nice pay raises to those in the C-suites. (Includes data table.)

The MBA said increased competition in the credit score space could improve competition in the mortgage space “if implemented correctly.”

The Bank of Glen Burnie will pay $750,000 along with sharing profits for three years and an origination-based add-on.

Banks and private issuers will now be able to obtain a license from the renamed U.S. Fin Tech to issue GSE-grade securities (minus the GSE guarantee).

FICO's stock price took a hit after the FHFA announced that the GSEs will immediately accept VantageScore 4.0.