The CDIA said that credit washing, encouraged by credit repair organizations, is driving the increase in complaints submitted to the CFPB.

Banks and thrifts saw a 6.1% increase in mortgage-banking income from the second to the third quarter.

The GSE share of servicing outstanding fell from 46.4% at the end of June to 46.1% at the end of September.

The Mortgage Bankers Association said its members see value in switching to short-term liquidation reporting.

"And you will see this in the new year, I will announce some of the most aggressive housing reform plans in American history," President Trump said.

Two Harbors held MSRs with a total unpaid principal balance of $175.82 billion as of the end of September.

Fannie recently considered strengthening its net worth requirements for large nonbank issuers.

The unemployment rate increased from 4.4% in September to 4.6% in November.

“The council is working with member agencies to consider where aspects of the U.S. financial regulatory framework impose undue burdens and where they harm economic growth, thereby undermining financial stability,” Scott Bessent, secretary of the Treasury Department, said of the Financial Stability Oversight Council.

“There is no investigation into Bill Pulte,” wrote Pam Bondi, U.S. attorney general.