Hundreds of individuals, associations and trade groups submitted comments regarding the CFPB’s request for information on mortgage closing costs.

Cenlar remains the dominant mortgage subservicer in the nation despite being sanctioned by banking regulators almost three years ago. When might those sanctions be lifted? That’s hard to say.

Lenders and servicers have made significant investments in recapture capabilities in recent years for when interest rates decline and refinancing takes flight.

Certain mortgage companies are starting to feel bullish about lower interest rates, predicting better times ahead and more hiring by lenders. So far this year, personnel counts at nonbank mortgage companies have been weak, in aggregate, but loan brokers are adding to their ranks.

A bipartisan group of mortgage industry players opposes FSOC’s proposal to create a fund to help sustain mortgage servicers in times of stress.

Mortgage servicers should consider factors specific to borrowers’ circumstances when offering loss-mitigation options to avoid foreclosure, according to a recent Mortgage Bankers Association report.

Senate fails to move tax bill, which included changes to LIHTC; GSEs, FHA extend compliance deadline for ROV requirements; Treasury pushes FHLBanks on affordable housing; Morningstar concerned that market sell-off will become a self-fulfilling prophecy; loanDepot sets money aside for settlement related to a cyberattack.

The servicing acquisition from Flagstar puts Mr. Cooper’s pro forma portfolio at the end of June at about 31% higher.

Second-quarter acquisitions increased at the government-sponsored enterprises, but profits remained stable as credit reserves shifted.

The trade group said now is the wrong time to increase NMLS fees. It also criticized the proposal for the lack of justification for the changes.