GSE regulator Sandra Thompson: “FHFA has nothing against big players, but their size means that they don’t have to worry about accessing the capital markets. Small lenders, on the other hand, may be able to leverage local knowledge to best serve their communities.”

At one point, McCord had a deal to sell his mortgage company but the transaction fell apart...

The terms of Fannie’s new RefiNow program are broadly similar to those of Freddie Mac’s new Refi Possible.

Did anyone really think the gain-on-sale margins of 3Q20 and 4Q20 would last forever?

Presumably, the pandemic has fueled the increase in gripes...

At issue: the new QM standards were drafted when the CFPB was under the leadership of Republican Kathleen Kraninger, who was appointed during the Trump administration.

Sens. Warner and Scott: "We urge the bureau to allow the final rule to proceed as intended and commit to a longer-term approach..."

The RFI appears to be in response to long-standing complaints about how the GSEs deal with properties that earn an income by providing transient housing...

Powell didn’t mince words: "You see activities that had once been principally the province of banks moving into the nonbank sector."

Mortgage complaints mentioning forbearance have reached their highest monthly average since March and April 2020...