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A Government Accountability Office report found that regulators scaled back supervisory examinations during the pandemic in part because of banks' technological shortcomings.

BofA Securities Inc. predicts that single-family rental securitizations — which repackage a single loan tied to multiple properties — will fall to just $2 billion for the rest of 2022 as Federal Reserve rate hikes send shivers across the industry.

Financial downturns hit lower-wealth communities first and cause them to suffer the longest.

Historically tight underwriting reinforced by regulation and third-party reviews could be buffers, so long as manufacturing standards for production and servicing hold up as residential mortgage companies downsize, according to KBRA.

Alanna McCargo is president of the Government National Mortgage Association (Ginnie Mae). Previously, McCargo served as senior advisor for housing finance to HUD Secretary Marcia Fudge.

John Shrewsbury is co-owner of GenWealth Financial Advisors in Little Rock, Arkansas. With over 20 years of experience in the industry and an RICP® designation, he leads one of the largest independent financial advisor firms in the state of Arkansas.

Kevin Bain is the Director of Strategy for the City of Detroit Treasury and Vice-Chair of the GFOA's Capital Planning & Economic Development Committee.

Other mortgage firms are enduring a rough stretch, shedding hundreds of workers and exiting wholesale channels in recent weeks.

Completions in August remained far lower than before COVID-19 arrived in the United States but initial actions rose fast enough to potentially meet expectations that they'll normalize in 2023.

At least one other nonbank wholesaler will be following suit, with more likely to follow.