FHA issued an extensive FAQ document late last week, addressing questions about guidance with an Oct. 31 implementation date for reconsiderations of value.

Residential funders employed 184,000 full-timers at the end of August, down 12,600 from August 2023.

An affiliate of Radian Group is marketing its second jumbo MBS.

Originations increased at Chase and Wells in the third quarter though production revenue was down.

Kristen Clarke, assistant attorney general in the DOJ’s civil rights division, said the settlement shows that the DOJ intends to hold “all types of lenders accountable for their role in modern-day redlining.”

No indication yet from federal regulators on when a planned re-proposal of capital requirements for large banks will be issued.

Some $189.08 billion of loans with insurance coverage were included in agency MBS issued in the third quarter, a 13.6% increase from the prior period.

“Without an increase in NMLS processing fees, CSBS staff projected losses of nearly $133 million over the next decade,” CSBS said in a report in response to feedback received on the proposal.

Andrew Davidson & Co. used data on credit use, balance and payment across time and multiple loan types to garner a comprehensive view of consumer financial behavior.

Damage costs from Hurricane Milton could affect insurance underwriting margins and earnings.