Homebuilders prefer interest rate buydowns over pricing incentives, not only because they’re cheaper, but also because if they lower the price on one home, other buyers will expect the same.

Incidences of fraud and loan defects are increasing among refinances as production of the loans accelerates.

The benefits the FHLBank system provides to the financial sector look to outweigh the roughly $6.9 billion federal subsidy they receive via an implicit government guarantee.

Several of the nation’s largest banks were among the banks notified by SitusAMC that their client data may have been improperly accessed.

The administration had unilaterally moved to severely limit operations at the Community Development Financial Institutions Fund.

Government-insured production declined slightly during the third quarter, while new business for private mortgage insurers was up 3.8%. (Includes four data tables.)

Certain MSR buyers have been willing to pay lofty prices in recent years, hoping to recapture borrowers when interest rates decline. There are some questions about whether the moves will ultimately be profitable.

Among a group of servicers with $5.45 trillion in volume, the delinquency rate declined across all late categories during the third quarter. (Includes two data tables.)

The CFPB is seeking to make changes to disparate impact and special purpose credit programs. The regulator also notified a federal court that it will run out of funding in early 2026.

The GSE investor said part of his plan can be accomplished immediately, but ending the conservatorship may take three years.