The Lede

NEW YORK--Mortgage Bankers Association President and CEO David H. Stevens, CMB, said the real estate finance industry wants clarity--in regulation, in legislation and in policy.

The House is scheduled today to vote on a broad regulatory relief bill already passed by the Senate. Ahead of the vote, the Mortgage Bankers Association sent a letter to House members urging their vote for the bill.

NEW YORK--Mortgage Bankers Association President and CEO David H. Stevens, CMB, said the real estate finance industry wants clarity--in regulation, in legislation and in policy.

NEW YORK--Mortgage Bankers Association President and CEO David H. Stevens, CMB, said the real estate finance industry wants clarity--in regulation, in legislation and in policy.

The Mortgage Bankers Association released a new MBANow video featuring MBA Associate Regulatory Counsel Sara Singhas, who discusses the new MBA Disaster Recovery Resource Guide.

The Mortgage Bankers Association released a new MBANow video featuring MBA Associate Regulatory Counsel Sara Singhas, who discusses the new MBA Disaster Recovery Resource Guide.

The Mortgage Bankers Association released a new MBANow video featuring MBA Associate Regulatory Counsel Sara Singhas, who discusses the new MBA Disaster Recovery Resource Guide.

Zillow Inc., Seattle, said homeowners and renters will put nearly $40 billion in tax savings resulting from recent tax reform legislation directly into the American housing market this year, either in the form of home renovations or buying or renting larger homes.

The Federal Housing Finance Agency said Fannie Mae and Freddie Mac completed 356,003 refinances in the first quarter, down by nearly 22 percent from the fourth quarter.

Following a brief increase in March, the commercial mortgage-backed securities delinquency rate resumed its downward trajectory in April, reported Trepp, New York.

Home buyers with a lower credit score pay thousands of dollars more for the same home than a buyer with an excellent credit score, said Zillow Inc., Seattle.

Mortgage Daily, May 21, 2018National Mortgage Insurance Corp. will begin offering premiums that are based a loan's risk profile determined by a variety of underwriting factors.

National Mortgage News, May 21, 2018--Kate Berry (subscription)The Consumer Financial Protection Bureau is looking to rewrite Obama-era regulations that sought to punish banks and financial firms for unintentional discrimination.

HousingWire, May 21, 2018--Kelsey RamirezAt the Mortgage Bankers Association Secondary conference in New York, Treasury Counselor to the Secretary Craig Phillips touched on digital technology, and the changes it is bringing, and needs to bring, to the mortgage industry.

HousingWire, May 21, 2018--Sarah WheelerWith several key housing appointments still vacant and uncertainty building around legislative direction after the upcoming mid-term elections, forecasting the future of housing finance is tricky.

Bloomberg, May 21, 2018--Benjamin Bain, Jesse Hamilton (subscription)In their coming overhaul, the Federal Reserve and other regulators are expected to address Wall Street's grievances against the Volcker Rule on hedging against losses.

HousingWire, May 20, 2018--Sarah WheelerThe mood was upbeat as the Mortgage Bankers Association Secondary Market Conference and Expo kicked off in New York City on Sunday with a panel on executive perspectives, but the message from the first panel contained a warning.

ABA Banking Journal, May 18, 2018A majority of bankers--77 percent--agree that burdensome mortgage regulations continue to have a negative effect on business production, according to the American Bankers Association's 25th annual Real Estate Lending Survey released today. Nearly three in four said that Qualified Mortgage rules in particular have reduced credit availability.

HousingWire, May 18, 2018--Ben LaneHUD announced late Friday afternoon that it is "withdrawing a computer assessment tool originally intended to be helpful to local governments in meeting their obligations under the Fair Housing Act to ‘affirmatively further fair housing.'"

Bloomberg, May 18, 2018--Joe LightFor nearly a decade, the Federal Housing Finance Agency has restricted Fannie Mae and Freddie Mac from trying to influence the raging debate over whether they should live or die. But despite those limits, Fannie Mae general counsel Brian Brooks has done just that over the past few months, quietly meeting with people inside and outside President Donald Trump's administration.

Bloomberg, May 17, 2018--Patrick ClarkInstitutional investors bought more single-family rental homes in 2017 than in previous year, the first increase since 2013, according to data compiled by Amherst Holdings LLC.

Mortgage Daily, May 17, 2018As of March 31, there were $8.94 trillion in U.S. residential loans that were outstanding, according to data reported Thursday by the Federal Reserve Bank of New York.

National Mortgage News, May 17, 2018--Kate Berry (subscription)Should regulators treat traditional banks and credit unions exactly the same as technology-driven lenders when vetting their mortgage underwriting standards? That is the central question to emerge following recent comments by acting Consumer Financial Protection Bureau Director Mick Mulvaney that the bureau may ease its Qualified Mortgage rule.

HousingWire, May 17, 2018--Jeremiah JensenAccording to the Mortgage Bankers Association, foreclosures are up slightly despite delinquencies falling to pre-housing crisis lows and continuing to slide.

DS News, May 16, 2018--David WhartonGoldman Sachs is approaching the billion-dollar mark for mandated consumer-relief actions stemming from two mortgage-related settlement agreements with the Department of Justice and three states.

National Mortgage News, May 16, 2018--Kate Berry (subscription)Acting Consumer Financial Protection Bureau Director Mick Mulvaney has overhauled the agency's spring agenda, dropping several long-time goals of his predecessor, including a rule on overdraft programs, checking accounts and student loan servicing.

National Mortgage News, May 16, 2016--Bonnie Sinnock (subscription)Overall, seasonally adjusted delinquencies in the first quarter declined by 54 basis points from the previous quarter but were just 8 basis points lower than the same period in 2017, according to the Mortgage Bankers Association's latest National Delinquency Survey.

National Mortgage News, May 15, 2018--Bonnie Sinnock (subscription)John Krenitsky is replacing retiring CCO Carol Wambeke, who was originally named senior vice president and chief compliance officer at Freddie Mac during a major reorganization at the government-sponsored enterprise in 2011.

Bloomberg, May 16, 2018--Claire BostonIf the housing market weakens, and unemployment starts rising, mortgage bond investors could find their securities losing value, money managers warn.

Mortgage Daily, May 15, 2018Genpact Mortgage Services announced more than 100 employees at its Richardson, Texas facility on May 1 that they had been laid off.

HousingWire, May 15, 2018--Ben LaneGinnie Mae has been without a permanent leader since January 2017, but that could soon change, as the Trump administration announced Tuesday that it is formally nominating Michael Bright to serve as president.

American Banker, May 15, 2018--Rachel Witkowski (subscription)Consumer Financial Protection Bureau Acting Director Mick Mulvaney indicated Tuesday during a real estate convention that the rule, which took effect in 2013, painted all institutions with the same brush and needed to be reworked.