S. 3502, the Homebuyers Privacy Protection Act, received prompt support from a number of industry trade groups.

Citibank this week issued two credit card securitizations totaling $1.5 billion. The bank’s last credit card deal was in October 2018.

FDIC member suggests delaying capital requirements; Ginnie strengthens reporting requirements for nonbanks; confusion on Mr. Cooper’s reporting to Ginnie MBS investors; GSEs prep green disclosures; LendingPoint securitizations on watch for downgrade amid servicing issue.

Better Mortgage cannot communicate with its underwriters on wage-and-hour issues unless it receives approval from a district court.

After the Fed held rates steady Wednesday, uncertainty regarding the path of future rate movements appeared to clear.

The proposal provides banks an incentive to exit senior tranches of asset-backed securities in exchange for more junior and riskier tranches, according to the Securities Industry and Financial Markets Association.

UWM is offering interest rate discounts on loans from streamlined refi programs at FHA and VA.

Jonathan McKernan, a director at the FDIC, suggested slowing implementation of controversial provisions in a proposal on capital requirements for large banks.

Refi applications increased by nearly 20% in a week as interest rates declined.

Interest rates declined by nearly 70 basis points during November, fueling demand for refis.