Executives at the credit reporting agencies and scoring companies said the deployment of FICO 10T and VantageScore 4.0 scores will have cascading effects on the primary and secondary mortgage markets.

The Trump administration is running short on time to get more regulatory changes through the pipeline, according to panelists at the Mortgage Industry Standards Maintenance Organization’s fall summit.

The initial phase of the project should wrap up within the next six months.

Tech platform mLOOP is aiming to discreetly connect originators with lenders.

Among the milestones that the effort is on track to meet: development of technology systems to accommodate the transition.

A recent opinion piece in the Wall Street Journal suggested that nonbanks have loosened FHA underwriting standards, bringing about a wave of defaults.

A rise in purchase-mortgage volume wasn't enough to offset declining refi activity.

Mark Acosta, chief servicing officer at Pennymac, said the nonbank’s proprietary servicing platform allowed the lender to implement the partial claim option quickly.

Issuance of Ginnie Mae mortgage-backed securities eased in July as securitizations of refinances dropped. (Includes two data tables.)

The nonbank servicer and a tech vendor separately implemented VA’s partial claim loss-mitigation option well in advance of VA’s deadline.