A new shoe has dropped in the nonbank liquidity saga: Warehouse credit. JPMorgan Chase, the largest player in the sector, is cutting back. Read More

A smaller share of Fannie/Freddie purchase loans fell in the highest-risk category during the first quarter of 2020, although there was an upswing in higher-risk refinance loans. (Includes two data charts.) Read More

Mortgage forbearance tied to the pandemic is on everyone’s mind these days, but HUD isn’t ready to provide any estimates. Read More

Industry analysts suggest lenders sell loans quickly and use best-efforts pricing options to offset volatility caused by the coronavirus crisis. Read More

California was the biggest source of first-quarter primary MI business, getting a big boost from refinance activity. (Includes data chart.) Read More

Banks have received two-year relief from the full impact of the new current expected credit losses accounting standard as they cope with broader impact of the coronavirus. Nonbanks are seeking similar relief. Read More

Industry attorneys have cautioned companies to remain alert even though regulators have eased certain federal mortgage servicing rules. Read More

The coronavirus crisis appears to have already sent the U.S. economy into a technical recession, according to economists at Fannie Mae. Read More

Even as the majority of employees at mortgage companies are telecommuting, productivity doesn’t seem to be impacted. Read More

United Wholesale Mortgage’s CEO has reassured employees that there will be no layoffs due to the current coronavirus crisis. Read More