Overall, the states largely opted to follow capital and liquidity requirements set by the FHFA...

The changes are being pursued in response to the agency receiving “more than 10,000 questions per year from people trying to understand the deposit insurance rules,” the FDIC chief said.

Will Quicken actually buy MSRs? It certainty has the cash...

COVID-related mortgage losses have been minimal, allowing the GSEs to benefit...

As might be expected, Republicans on the committee weren’t convinced that Congress should create an entity that would be involved in the assignment of credit ratings.

Many of the complaints about the big three credit reporting services involve inaccurate information in their reports...

A few weeks back, Ginnie issued a request for information on a proposal that would tack on a capital requirement of an additional 25-basis points of an applicant’s Fannie Mae and Freddie Mac obligations.

Priority Financial still wants a Ginnie eagle and believes it has the financial wherewithal to make grade. “We want to resubmit, but we’ve had no communication from them,” said CEO Mark Shenkman.

The problem: regulations differ from state to state, creating liability issues for lenders...

It was never entirely clear to conventional lenders why the LLPA was installed in the first place given the relatively low COVID-related forbearance readings on GSE loans.