Sen. Elizabeth Warren, D-MA, said responses to her questions from both Jonathan McKernan, nominee to lead the CFPB, and Bill Pulte, nominee to lead the FHFA, were disqualifying.

A decline in interest rates helped to increase demand for refis and purchase mortgages last week.

So far, there's been no snafus on the approval of Ginnie Mae servicing sales.

“Any time you can take risk away from the taxpayers and give it to the private market is a win,” he said.

Bill Pulte, nominee for FHFA director, and Jonathan McKernan, the nominee for CFPB director, detailed some of their plans.

The MBA said Jonathan McKernan’s experience and background working on housing policy make him a strong choice to lead regulatory reforms to reduce compliance costs.

Carrington, a Ginnie contractor that handles defaulted servicing for the agency, was listed as the recipient of some of these funds.

Mortgage professionals have yet to report any snafus regarding FHA and/or Ginnie business approvals. However...

Some servicing advisors believe that, at the very least, Ginnie approvals on sale of MSRs will slow.

Consumers say they are willing to pay extra for more secure real estate transactions.