CFTC Provides No-Action Letter Tied to Bank CRTThe move reduces some regulatory ambiguity for banks that issue certain credit-risk transfer transactions.

Federal banking regulators issued a final rule to adjust the enhanced supplementary leverage ratio that applies to large banks. The directive aims to increase bank investments in low-risk assets, including Ginnie Mae MBS.

Among the three origination channels, only broker production increased during the third quarter. The broker share of originations neared 20% again during the quarter. (Includes six data tables.)

The groups suggested pairing long-term funding for the National Flood Insurance Program with reforms to the program.

Rocket Companies sees opportunities for growth as some lenders pull back, according to Brian Brown, chief financial officer and treasurer of the firm.

By the end of 2026, the bulk of United Wholesale Mortgage’s servicing will be handled internally, according to CEO and Chairman Mat Ishbia. The nonbank still plans to use subservicers for certain loans.

While government-insured mortgages are assumable, few assumptions are completed due to various obstacles. GSE mortgages were also assumable until the 1980s, when legal issues prompted a change.

The Basel III re-proposal could include relief for mortgages; FICO to release historical data for 10T score.

Delinquencies are expected to increase primarily because the unemployment rate is projected to increase.

Ellington Financial is marketing a $450.7 million non-agency mortgage-backed security with mortgages for investment properties underwritten using debt service coverage ratios.