The DOJ has more than 24 investigations into redlining in progress.

Nonbanks could fund the closing of government-insured mortgages using commercial paper guaranteed by Ginnie and the loans would be pledged as collateral to the commercial paper, former Ginnie President Ted Tozer suggested.

When servicing on auto ABS transferred earlier this year following the failure of two issuers, delinquencies on the deals spiked. Months later, defaults remain well above the levels seen before the transfers.

The Department of Energy is providing a 90% guarantee on loans in an ABS from Sunnova Energy. The loans are part of DOE’s new solar program, Project Hestia.

Home price appreciation expected to slow; Fitch downgrades ratings on Finance of America; OCC plans survey of consumer trust in banking.

The total delinquency rate on mortgages in agency MBS stood at 2.83% as of the end of September, up from 2.60% at the end of June.

The bank focuses on direct-to-consumer originations, with $267 million in production in the third quarter.

Morgan Stanley has issued a number of prime non-agency MBS in recent years.

U.S. Bank is making investments in its mortgage unit to drive growth.

Banking regulators plan to release a final rule Oct. 24 with revisions to standards under the Community Reinvestment Act.