Meanwhile, mortgage wholesalers are starting to reassess their rate-lock policies for shelter-in-force states...

In a time of crisis should Fannie and Freddie be allowed to hold more MBS? Hike the GSE loan limit too?

The maneuvers have raised questions about the CFPB’s ongoing rulemaking, supervision and enforcement activities…

Consultant Paul Hindman, who heads Grid Financial, said he knows of one lender who recently sent 1,000 workers home “with new equipment.” He did not identify the shop by name.

Calabria suggested the new version of the capital rule might not look so different from the version proposed under the previous director, Mel Watt.

The goal is to stop a tidal wave of housing-related financial damage that might potentially destroy the social fabric of the nation.

And therein lies a chief fear for the mortgage industry: as the economic damage caused by the spreading coronavirus piles up, will nonbank Ginnie issuers have enough liquidity to make those payments in the months ahead?

And since nonbanks account for eight of the 10 largest Ginnie Mae servicers, there’s a concern about their liquidity.

The biggest risk for the purchase-mortgage market: an unemployment rate that could shoot into the stratosphere.

The CFPB sued Fifth Third Bank for opening unauthorized accounts, but the bank is fighting back.