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The company will return to selling pieces of its credit exposure to private investors during the last three months of the year, but is still evaluating its strategy for 2022.

Large companies competing to become the Amazon or Google for home lending products discuss their use of acquisitions and targeted marketing to cultivate the image of being a one-stop-shop innovator.

Sandra Thompson, who has been acting director of the Federal Housing Finance Agency since June, has won backing from the mortgage industry and community groups for the experience she brings to the role. The push comes as the administration is said to be considering Mike Calhoun of the Center for Responsible Lending.

Following completion of this sale and that of the valuation business, Xome will focus on real estate auction and asset management.

The government-sponsored enterprise also expects purchase and refinancing volumes to drop in 2022.

U.S. homebuilder sentiment rose in September amid lower lumber prices and strong housing demand.

Sequoia Mortgage Trust is among the first to include a distributed ledger agent in its reporting processes.

Also: Sen. Warren and Wells Fargo spar, FHFA suspends Trump-era GSE restrictions and more.

At current levels, outstanding forbearance could fall to one-fourth of its high by next month, Black Knight’s data suggests.

Changes proposed this week stand to reverse the effect of the Trump-era rule, which disincentivized Fannie Mae and Freddie Mac from making such deals, according to critics.