After FHFA finishes a review of the Federal Home Loan Bank system, the agency will issue at least one proposed rule with reforms.

MBA's leader called on the Fed to provide some certainty to financial markets.

Various factors are to blame for rising interest rates on mortgages...

Banks and thrifts held $44.06 billion of mortgages for sale as of the end of June, up 8.1% from the end of March.

“There’s no point in leaving money on the table that’s been allocated,” said Pamela Perry, a vice president of single-family equitable housing at Freddie Mac.

While FICO 10 T won't be used for GSE mortgages for some time, Movement will use the scoring model for non-agency mortgages.

The amount of mortgages nonbanks originated in California in 2022 was more than double the volume in the second-ranked state.

Rate locks were down across mortgage products in September, including a large drop in cash-out refis.

Among the top 100 lenders, banks accounted for 30.9% of originations in the second quarter, up from a 29.9% share in the first quarter.

A coalition of consumer groups, including the National Consumer Law Center, recommend that lenders adopt a reconsideration of value process “as close to mandatory as possible outside a formal rule.”