Credit Suisse rejects bids for non-agency MBS servicing handled by SPS; SFA President Kristi Leo to depart; Ginnie sets timelines for transition away from GinnieNET; hotel operator details reasons for ceasing payments on loan in commercial MBS.

MISMO is helping to facilitate collaboration between servicers and federal regulators to improve the servicing transfer process. The CFPB is also keeping a close eye on complaints tied to servicing transfers.

Changes for cash-out refis, certain ARMs and manufactured-home loans.

Locks for both purchase mortgages and refis declined on a monthly basis in May.

The CFPB warned that companies that deploy the technology could fail to comply with consumer protection laws...

In certain areas, Chase is offering mortgage shoppers $200 to consider a mortgage from the bank.

The top three expanded-credit volume leaders in 1Q23: Citibank, U.S. Bank and Deephaven...

Originations of expanded-credit mortgages declined in the first quarter, but not as much as total first-lien production. Trends among expanded-credit lenders were decidedly mixed. (Includes data chart.)

The market has priced in the likelihood of another Fed rate hike...

Numerous industry participants support FHFA developing a social bond designation for single-family MBS issuance from the GSEs. There are lingering concerns about the impact on the agency MBS market and borrower privacy.