Despite a relatively strong jobs report, the MBA still anticipates that the Fed will begin to cut rates in the spring.

Should lenders retain servicing duties or let a subservicer handle those responsibilities? Subservicers suggest they’re the best option.

Blend paid down a portion of a term loan and extended the loan; Capital City Bank faces material weakness in internal controls; Associated Bank adjusts portfolio lending strategy; First American fined for cybersecurity breach; MISMO launches eVault standards; new tech platform for brokers.

Proposed capital requirements for large banks would create “perverse incentives” for banks regarding securitization activity, according to a new analysis by the Securities Industry and Financial Markets Association.

CalCon Mutual Mortgage plans to issue a $576.2 million non-agency MBS with mortgages eligible for sale to the GSEs. It will be the first non-agency MBS from the issuer.

Black Knight didn’t receive all of the damages it sought from PennyMac while the nonbank servicer is now free and clear to use proprietary technology that’s less expensive than Black Knight’s offerings.

The $576.2 million non-agency MBS is the first from CalCon Mutual Mortgage.

Alliant Credit Union is now offering government-insured mortgage products.

Among a group of large lenders, the broker share of the government-insured market declined to 20.4% in the third quarter, down from 21.2% in the second quarter.

Jamie Dimon, chairman and CEO of JPMorgan Chase, raised concerns about a capital requirement proposal at a hearing in Congress Wednesday.