Changes implemented in response to the financial crisis of 2008 helped the MBS and ABS markets perform better than expected at the onset of the pandemic.

Issuance of CLOs is surging as investors gain confidence in the asset class. Refinances of deals issued two years ago are also helping.

Many lenders have increased their GSE loan limits nearly three months before new official limits come into play. Originating the loans, though, between now and the end of the year isn’t going to be as simple as lenders think.

Interesting note: Mortgage historians might recall that Dimon last decade was one of the first bank executives to toss wholesale lending overboard.

Waterfall Asset Management acquired the FHA mortgages from various third-party sellers in 2019 and 2020...

The investors cited Interfirst’s use of technology and artificial intelligence.

John Ryan, president and CEO of the Conference of State Bank supervisors, suggested that cooperation between the CFPB and state regulators will be particularly important.

MFA will retain at least 5% of the non-agency MBS to meet risk-retention requirements.

The Mortgage Bankers Association has asked state regulators to help modernize remote work standards through legislation and/or regulations.

With the Senate confirming Rohit Chopra as CFPB director, industry participants are preparing for regulatory whiplash after relaxed enforcement and rulemaking during the Trump administration.