The big winner was the Finovation team, which floated the idea of creating an industry cooperative similar to the Mortgage Electronic Registration System.

Fannie said the LIBOR transition for 25 legacy CMOs resulted in one version of SOFR for the CMO itself and another version of SOFR for the related derivatives. This could result in payment mismatches.

New Chair Joel Motley replaces Jonathan Scott, who has retired after 19 years at the helm.

New research shows that mandatory flood risk disclosure requirements raise home prices, increase loan sizes and raise debt-to-income ratios.

MCT and Mr. Cooper teamed up on a white paper explaining the nuances of co-issue MSR sales.

After FHFA required the GSEs to provide translated mortgage documents, limited English proficient borrowers’ experiences improved, new research shows.

Ashford Hospitality Trust, a Dallas-based REIT, says handing back the keys on 19 hotels will cut the company’s debt by about $700 million, a reduction of more than 18%.

The Federal Reserve says that lessons learned from the last round of quantitative tightening will allow the process to be faster this time.

FHFA wants the authority to suspend counterparties that have been sanctioned by other federal or state regulators. The agency argues that the outcomes of certain civil actions are analogous to criminal convictions.

FHFA could limit usage of FHLBank advances; losses narrow at Better in first quarter; home price appreciation slowing; the impact of higher interest rates on potential borrowers.