Opposition from Rep. Patrick McHenry, R-NC, stalled legislation this year that would limit trigger leads.

The pending issuance is the second-smallest HELOC securitization from the firm this year.

Locks for refis plummeted in November following a rise in interest rates.

Among the top 20 Ginnie issuers in November there were just two federally insured depositories: U.S. Bank and Navy Federal.

While layoffs aren’t increasing, new entrants and individuals who lose jobs are having a more difficult time regaining employment.

Cardinal started originating VA loans using 10 T scores in October.

Banks and thrifts serviced $3.023 trillion of mortgages for other investors as of the end of September.

Joshua Rosner, managing director at Graham Fisher, a consulting firm, suggested that calls for an explicit government guarantee for GSE MBS are absurd.

A bill with bipartisan support to ban trigger leads tied to mortgage applications was removed from a defense spending package.

JPMorgan Chase, the system’s biggest member, reduced its FHLBank advances by 20.3% over the past year.