A rising tide of purchase mortgage lending floated a lot of boats in the second quarter, and expanded the market share for private MIs. (Includes four data tables.) Read More

Refis are poised to increase and MSR values will decline as interest rates decline. United Wholesale Mortgage is prepared for the moment, having sold off a significant amount of MSRs earlier this year. Read More

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

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. Read More

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

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. Read More

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

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. Read More

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. Read More