The House passes legislation to help address legacy contracts for MBS and ABS tied to LIBOR; the SEC expands payment methods for various filing fees; transportation ABS is performing well despite supply chain issues.

Another said he believed in Better.com’s mission of trying to make the mortgage origination process simpler for consumers...

A mortgage company’s best chance at being heard in policy matters is to target the same four themes the Biden administration is using to drive policy decisions.

Redwood recently issued a jumbo MBS sized at roughly $1.0 billion, while the new offering from the nonbank is somewhat smaller.

Three of the top five nonprime servicers posted declines from the second to the third quarter.

FHFA should use its authority to constrain GSE acquisitions of high-balance mortgages, according to Redwood Trust.

The ECM gain came as overall production fell 2.8% from the second quarter to the third...

Expanded-credit mortgages gained market share as total first-lien originations declined in the third quarter. Still, the sector accounted for only 1.1% of the total origination pie. (Includes data chart.)

GSE loan limits will increase by 18.1% in 2022, with a threshold of nearly $1.0 million in high-cost areas, prompting the FHFA to evaluate the relationship between home price appreciation and loan limits.

The Structured Finance Association has developed a framework due diligence providers can use to help gauge QM compliance. A large chunk of the document focuses on verification of a borrower’s employment.