Don Layton said critics don’t like credit-risk transfers because they make the GSEs stronger and more durable.

We pointed it out before, but the situation has not changed: Nonbanks that went public over the past 16 months are not doing well when it comes to share price. As for meaning: Such a performance does not bode well for other nonbanks contemplating life in the public realm.

The failure of Zillow’s algorithm to provide reliable forecasts of home price changes could mean the GSEs’ automated valuation models are also suspect. Really?

Fannie and Freddie could spend another 15 years in conservatorship before their retained earnings are sufficient under the existing capital rule.

The thirst for mortgage servicing rights continues, be it bulk or flow. Meanwhile, Zillow’s foray into fix-and-flip did not end well.

If capital and liquidity requirements for nonbank servicers are too stringent, firms could leave the business and borrowers’ costs for mortgages could increase.

While many lenders are already originating mortgages using replacements for LIBOR, many legacy ARMs remain linked to the London benchmark, according to an analysis by Inside Mortgage Finance.

CRA trade-offs and nonbanks: Let’s make a deal? Maybe, maybe not. Meanwhile, investors are still willing to sink cash into good mortgage ideas.

The flexibility and innovation shown by mortgage lenders during the pandemic should be incorporated into everyday practices, according to panelists at the Mortgage Bankers Association’s annual convention.

Many lenders have increased their GSE loan limits nearly three months before new official limits come into play. Originating the loans, though, between now and the end of the year isn’t going to be as simple as lenders think.