There’s plenty of home equity available to homeowners but interest rates are constraining originations of home equity loans. Banks remained the top three originators of home equity loans in the third quarter. (Includes three data tables.)

The Arkansas Republican is a former banker who served as deputy assistant secretary of the Treasury in the George H.W. Bush administration.

Elon Musk’s call to “delete” the CFPB hasn’t found many takers. According to mortgage industry participants, the consumer watchdog has provided stability to the industry post the 2008 financial crisis.

Not all warehouse lenders have jumped into the MSR-finance pool, but that could change over time.

A report by the non-partisan Congressional Budget Office concludes that Fannie Mae and Freddie Mac are more likely to hold successful public stock offerings now than when Trump first took office in 2020.

The share of borrowers using discount points has more than doubled since 2020. The use of discount points is more common among nonbanks.

An OIG report found issues with reporting of appraisal bias by Freddie Mac and the Federal Housing Finance Agency.

On the surface, the yield looks expensive for the issuer but in a rising interest rate environment, maybe it’s not.

Home purchases are expected to increase next year as demand continues to be strong and rates fall slightly.

The Mortgage Bankers Association said HUD regulations don’t expressly prohibit convenience fees, and a retroactive administrative enforcement of an “apparent new policy” is inappropriate and misguided.