A public stock offering for the government-sponsored enterprises remains on the table this year, but it is not the only path under serious consideration, according to Federal Housing Finance Agency Director Bill Pulte and industry survey results that align with NMN’s earlier reporting. Processing Content “There are very strong odds” of a GSE stock […]
Pulte: GSE stock move odds ‘strong,’ but ‘we don’t have to’ Read More »
As Two Harbors Investment moves toward its sale to UWM Holdings, the mortgage REIT posted another quarterly GAAP loss and fell short of Wall Street’s earnings expectations, even as results improved sharply from a settlement-driven stumble earlier in the year. Processing Content The net loss of $1.3 million was much improved from the third
Two Harbors misses estimates as UWM deal nears Read More »
The Consumer Financial Protection Bureau wants to make it more difficult for Americans to file complaints against the three major credit repositories, the National Consumer Law Center alleges. Processing Content This effort could carry over to other products covered by the complaint portal, the organization added. “Last year, consumers filed nearly five million complaints with
CFPB accused of siding with credit bureaus on complaints Read More »
Nearly three quarters of lenders expect mortgage volume to improve in 2026, but their confidence is concentrated in refinancings and home equity lending. Processing Content Those expectations from the National Mortgage News Predictions 2026 survey, which was fielded online during November and December among 156 mortgage-industry professionals. More than half, 55% of respondents, work at
Lenders predict 2026 rebound led by refis and home equity Read More »
Long-standing plans at Ginnie Mae to enable loan-level servicing transfers in its mortgage-backed securities could move faster this year under its President Joseph Gormley. Processing Content “Ginnie Mae is increasing the velocity of the initiative to evolve its security platform from pool-level operation to loan-level,” the government guarantor wrote in its annual report, calling this
Ginnie Mae speeds up loan-level MBS overhaul Read More »
UAD 3.6, a sweeping overhaul of how residential appraisals are reported to Fannie Mae and Freddie Mac, becomes available to all lenders on Jan. 26. The rollout comes even as many lenders are still sorting out what the change will mean for their appraisal workflows, systems and timelines. Processing Content The new standard replaces UAD
UAD 3.6 is live, but many lenders aren’t ready Read More »
Federal efforts to push rates lower have helped boost mortgage production, but they are also creating headwinds for servicing that are starting to show up in earnings. Processing Content US Bank generated record revenue overall, but in the details beneath that top-line item was a $11 million drop in the valuation for servicing rights, net
Banks see MSR strain despite strong top-line results Read More »
A trio of industry trade groups has suggestions for ways the White House can take action to meet a policy goal around making single-family homeownership more accessible to consumers without the legislation some other concepts require. Processing Content Ending a requirement to pay for three credit reports, reducing loan-level pricing adjustments and Federal Housing Administration
Coalition backs 3 ways to cut housing costs without Congress Read More »
News of Pres. Trump’s upcoming remarks on housing at the World Economic Forum in Davos, Switzerland have stirred fresh speculation about the future of Fannie Mae and Freddie Mac, even as analysts say major policy shifts remain uncertain. Processing Content An exit from conservatorship for the government-sponsored enterprises is not expected to be part of
What Trump might say about housing during Davos meeting Read More »
As President Trump talks up ambitious housing initiatives at the World Economic Forum this week, a new Fannie Mae video ad circulating on social media, which features an AI-generated version of his voice, has a message for banks. Processing Content The AI voiceover in the ad, which was pinned to housing official Bill Pulte’s X
Trump administration ad hints at actions to widen credit box Read More »