FHA expects to rescind a suite of policies next month as a continuation of its deregulatory approach to tackling affordability, said FHA Deputy Assistant Secretary for Single-Family Housing Matt Jones.

“Regulators are taking more notice of this part of the market,” Bob Broeksmit, president and CEO of the Mortgage Bankers Association, said of the non-agency sector.

Bob Broeksmit, president and CEO of the Mortgage Bankers Association, is optimistic about Kevin Warsh’s appointment to lead the Fed.

A recent survey found that 89% of voters want the House and Senate to work together to pass legislation that will make housing more affordable.

FTC warns Mortgage Connect about noncompetes; Rocket preps CES MBS; New legislation on mortgages for homes on tribal land passed; Share of first-time homebuyers increasing.

Panelists at the Women in Housing and Finance symposium were pleased with recent regulatory changes that could improve housing supply.

“The only thing that’s on the table for them to do are these two bills,” said TD Securities Managing Director Jaret Seibert.

Elena Babinecz, a shareholder at the law firm of Baker Donelson and a former deputy assistant director at the CFPB, advised financial entities to “stay the course” on fair lending under ECOA, except for when it comes to special purpose credit programs.

In a note to investors last week, Goldman Sachs Managing Director Arun Manohar said he is not particularly optimistic about the longer-term success of VantageScore 4.0 in the agency MBS market.

Higher revenues and lower expenses drive $3.56 billion in first quarter profits for the mortgage giant.