The sharp increase in existing-home sales in February may just be a blip...

Now that Judge Lamberth has issued his memorandum and order, the litigants can prepare for the (inevitable?) appeal.

"Using third parties to circumvent this insurance feature creates uncertain financial risks for lenders and for Treasury Department’s ongoing financial support of the GSEs," said Edward DeMarco, president of the Housing Policy Council.

The trade group is seeking guidance on a requirement that lenders consider and verify a borrower’s reasonably expected income or assets at or before consummation of a mortgage.

Industry participants are waiting on further details from the FHFA regarding a pilot to waive title insurance requirements.

Limited adoption by states of a new form meant to streamline reporting requirements is a “disappointment,” according to the MBA.

FHFA said changes to the survey will help to inform its oversight of the GSEs and Federal Home Loan Banks.

Adrianne Todman will serve as HUD’s acting secretary following the departure of Marcia Fudge.

“The CFPB’s blog post is baffling and reveals little understanding of how the mortgage market works or awareness of its own regulations that provide for full fee transparency and limits on what can be charged,” said Bob Broeksmit, president and CEO of the MBA.

Federal Reserve Chairman Jerome Powell said major revisions to the proposed capital requirements for large banks are likely.