How worried should lenders be about the self-employed and small business owners?

Among the critics of the newly issued capital framework: Don Layton, Freddie Mac's former CEO...

Fun fact: Refi applications are up 176% from last year.

MBA is seeking assurances that nonbank lenders can access the Fed’s Main Street Loan Program.

Next stop: The Fannie/Freddie re-IPOs?

FHA's policy statement could see the light of day next week, or not...

FHFA Director Mark Calabria: “Homeowners who are in COVID-19 forbearance but continue to make their mortgage payment will not be penalized. Today’s action allows homeowners to access record low mortgage rates and keeps the mortgage market functioning as efficiently as possible.”

Fannie Mae: “The financial advisor will work closely with the company and the FHFA to consider business and capital structures, market impacts and timing, and available capital raising alternatives, among other items.”

For starters, FHA doesn’t have LLPAs in its toolbox. Then what?

The new policy applies to borrowers who can afford to resume making their regular monthly mortgage payments, but are unable to cover the remittances they missed during forbearance...