“We continue to see nearly zero [non-QM] loans hit the liquidation stage,” dv01 said.

“The government’s being run by great people, they’re going to do great things going forward,” said Mat Ishbia, chairman and CEO of United Wholesale Mortgage.

The Mortgage Bankers Association is eager to see McKernan and Pulte confirmed.

Anthony Hsieh, chairman, founder and controlling shareholder of loanDepot, is returning to senior leadership as executive chairman of mortgage originations at the nonbank.

Sen. Elizabeth Warren, D-MA, said responses to her questions from both Jonathan McKernan, nominee to lead the CFPB, and Bill Pulte, nominee to lead the FHFA, were disqualifying.

A decline in interest rates helped to increase demand for refis and purchase mortgages last week.

So far, there's been no snafus on the approval of Ginnie Mae servicing sales.

“Any time you can take risk away from the taxpayers and give it to the private market is a win,” he said.

Bill Pulte, nominee for FHFA director, and Jonathan McKernan, the nominee for CFPB director, detailed some of their plans.

The MBA said Jonathan McKernan’s experience and background working on housing policy make him a strong choice to lead regulatory reforms to reduce compliance costs.