Federal banking regulators can take actions to address issues among regional banks without legislation from Congress, the Biden administration said in a statement. Bank trade groups asked for a wait-and-see approach.

The FDIC plans to sell $114 billion of MBS held by Silicon Valley Bank and Signature Bank.

Bank failures helped to drive down interest rates on mortgages in March, which led to an increase in rate locks.

Originations of mortgages that banks intend to sell decreased more quickly than loan sales by banks in the fourth quarter of 2022.

Lower interest rates weren't enough to keep loan applications increasing.

Chase is "hanging on" and hoping for change in the mortgage market, according to Jamie Dimon.

NCRC applauded the CFPB's decision to appeal a ruling in a redlining case.

Risk analysis should quantify projected profits and losses on MBS and mortgages across a range of rate movements.

ARMs accounted for 11.5% of originations in 2022 compared to a share of 6.0% the year before...

Loans sales by banks and thrifts outpaced originations of mortgages marked for sale for the third consecutive year in 2022. The sales boom looks to be coming to an end as loans held for sale dwindle. (Includes two data charts.)