GreenState Credit Union issued its first auto ABS this week and M&T Bank returned to the market for the first time since 2013.

Invictus has an MBS with non-agency mortgages for investment properties, Figure is marketing a HELOC securitization and Rocket is offering a closed-end second deal.

The capital relief that CRT deals provide is important for banks as federal regulators look to increase capital requirements.

Industry participants are waiting on further details from the FHFA regarding a pilot to waive title insurance requirements.

The CFPB is looking at various closing costs, raising concerns about a lack of competition. Trade groups representing mortgage lenders stress that closing costs are adequately disclosed and well regulated.

Housing Secretary Fudge resigns; IRS postpones controversial changes to IVES; regulators to alter Basel capital proposal; banking regulators waive appraisal requirements in Maui; feedback sought on bank call-report proposal.

Originations declined as did the value of the nonbank's MSR portfolio.

Foreclosure activity declined by 1% on a monthly basis in February.

President Biden's budget proposal for fiscal year 2025 included a brief section addressing the future of the housing finance system.

Adrianne Todman will serve as HUD’s acting secretary following the departure of Marcia Fudge.