KBRA said bank management teams have said they want to see how the market responds to the revised capital rules.

Redwood Trust's second-quarter loss was an improvement on first-quarter performance, reflecting a more cautious operating approach in April and May.

Elizabeth Warren, D-MA, and Chuck Schumer, D-NY, have requested Bill Pulte's official calendars and questioned his availability to address FHFA issues.

Foreclosure sales in June were up 16% from a year ago, according to a recent report by Intercontinental Exchange.

About 50% of homeowners said that their mortgage could become unsustainable without a lower rate in the next three years, according to a recent Truework survey of buyers who purchased a home in the last 24 months.

Some 46% of lenders believe a shortage of available starter homes is the biggest barrier for first-time buyers.

Pending changes to bank capital requirements are unlikely to move depositories further into the mortgage lending space but could provide some additional flexibility to banks moving forward, according to Kroll Bond Rating Agency.

The Teamsters launched a home affordability program for its members, adding to the growing number of homebuying programs offered through unions.

ABS investors are advised to look closely at deals and focus on senior tranches that offer protection from lower-income borrowers.

Foreclosure processing, completions and starts are nearing pre-pandemic levels.