GSE shareholders are moving closer to an $812 million payout after the DC Circuit Court declined to rehear Fairholme Funds v. FHFA.

Banks are mixed on what they plan to do in the near term with the increased capital flexibility expected to be offered by the upcoming Basel III capital framework.

The servicer accused New York regulators of not providing clarity on a state rule regarding optional expedited-payment fees.

The bank is selling $4.5 billion of mortgages carrying low interest rates at a discount.

Democrats, if they gain majority in Congress, could focus on impeachment instead of new housing legislation, according to Mark McArdle, a senior vice president at Newrez.

Growth in servicing with Ginnie Mae continues to outpace Fannie Mae and Freddie Mac. Most of the top-10 agency servicers increased their portfolios during the third quarter, though not Rocket Mortgage. (Includes two data tables.)

By loan count, the MBA forecasts that total mortgage originations will decline by 5.6% from 2026 to 2027.

The Mortgage Bankers Association and other industry trade groups have expressed concerns about the CRA proposal of the OCC and the FDIC being finalized without the Federal Reserve.

FHA Commissioner-nominee Matt Jones said the agency’s 203(k) loan program is an underutilized means to revitalize some of the country’s aging housing stock.

Residential mortgage originations declined in the third quarter at Bank of America, JPMorgan Chase and Wells Fargo. Even with high interest rates, servicing portfolios appear to be performing well.