After projecting four rate cuts for 2025 at their September meeting, members of the Federal Open Market Committee now project only two rate cuts next year.

JPMorgan Chase had the most profitable mortgage-banking operation in the third quarter, with $633.0 million of income.

FHA is considering reimbursing servicers for tax and insurance advances earlier in the default process.

Fannie Mae projects that its issuance of credit risk transfer transactions in 2025 will be similar to issuance in 2024.

The final rule establishes ability-to-repay requirements for Property Assessed Clean Energy loans.

Some mortgage borrowers are “being caught in a customer service doom loop,” according to the CFPB.

The Supreme Court’s decision effectively grants the CFPB authority over the ABS market.

The Mortgage Bankers Association noted some notices of violation sent by HUD’s Mortgagee Review Board seek civil monetary penalties for violations of the National Housing Act, and others mention other administrative actions.

Fannie Mae economists forecast “no meaningful decline ” in the 10-year Treasury rate in 2025.

Ginnie Mae servicing outstanding increased by 1.8% during the third quarter.