Delinquencies are expected to increase primarily because the unemployment rate is projected to increase.

The changes also allow VA to charge default-related fees under the partial claim, among other adjustments.

Pennymac issued an average of one non-agency MBS per month this year focused on GSE-eligible mortgages for investment properties. And Redwood is marketing its 13th jumbo MBS of the year.

"We are considering approaches to more granularly differentiate the riskiness of mortgages with benefits extending to financial institutions of all sizes, not just the largest banks," said Michelle Bowman, vice chair for supervision at the Federal Reserve.

Originations aren’t growing very much, putting pressure on MSR owners.

The share of mortgages 30-60 days late declined during the third quarter at large servicers.

A new program from BofA would add two years of forbearance for borrowers impacted by January wildfires in LA.

“The president’s got a lot on his plate,” Bill Ackman, CEO and portfolio manager of Pershing Square Holdings, said of President Trump. “We’re approaching Thanksgiving, but it’s actually theoretically possible.”

A decline in interest rates on mortgages helped to prop up home sales during the partial shutdown of the federal government.

Among a group of servicers with $5.45 trillion in volume, the delinquency rate declined across all late categories during the third quarter. (Includes two data tables.)