The longer timeline allows lenders more time to offer QM loans based on a homeowner’s debt-to-income ratio and not solely based on certain pricing thresholds...

Veteran mortgage attorney Gus Avrakotos: "With advances in technology, if there ever is a time to seriously consider dispensing with branch office licensing, this is the time."

HUD Secretary Marcia Fudge: "The lift is heavy. Black homeownership is less than it was when the Fair Housing Act was passed in 1968 and the percentage of minorities who own homes is a disgrace to the nation.”

FHFA chief Mark Calabria: “The reality is that, in the short run, there will be a pinch on the market, if you will."

One big rah-rah fan of the GSE utility model is the National Association of Realtors...

CSBS plans to reduce the subjectivity in standards for large nonbank servicers or potentially drop the standards altogether.

The rule “puts some real teeth behind the CDC’s COVID eviction moratorium,” according to Adam Levitin, a Georgetown Law School professor. He added that “some jurisdictions seem to be taking the CDC moratorium as merely advisory, rather than as binding law.”

Genworth Mortgage: "Following this offering, we will be a 'controlled company' within the meaning of the NASDAQ rules as our parent will continue to own, through GHI, more than a majority of the total voting power of our common stock."

The termination fee on the NRIC-Caliber deal: $25 million.

As might be expected, the move rattled lenders who are now trying to figure out the ramifications of a patch-less mortgage world...