Private MIs made some gains in the insured purchase-mortgage market in 2021, while the FHA grew its share of insured refinance business. (Includes three data charts.)

Early reporters of fourth-quarter results are giving the mortgage industry a glimpse of what’s to come for everyone else: weak or negative origination growth. Message: The party can’t last forever.

It’s not easy to bring multi-state enforcement actions, yet regulators from 44 states signed consent orders with 441 loan officers who lied about having completed required annual continuing education courses.

The Biden administration and Congress need to address some major risks to the housing-finance system, according to the Government Accountability Office. The administration is still developing plans and there’s little urgency in Congress.

Hunting for new sources of revenue, several regional banks are planning to offer credit lines to nonbank mortgage shops. The collateral: MSRs.

The mortgage industry has resigned itself to no administrative end to the Fannie and Freddie conservatorships. It’s still unclear what happens to the GSEs’ capital requirements.

Fannie Mae failed to implement new NPL reporting requirements in 2018, as required by its regulator.

Mortgage servicers have begun working with states on their new federally funded homeowner assistance programs.

Many of the top nonbank servicers recorded strong increases in their agency servicing rights, through both organic production and bulk MSR purchases in the secondary market. (Includes two data charts.)

Eager to tap a red-hot servicing market, nonbank mortgage shops are sidling up to the sales trough. How long might the bonanza last? Maybe all year.