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The coronavirus market disruption actually caused the company's execs to speed up its return.
June 10
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If delinquency rates rise, all four stand-alone firms would have a capital shortfall.
June 9
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Looming economic uncertainties forced mortgage lenders to tighten underwriting standards in May.
June 9
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Hudson Americas is pooling its next aggregation of non-qualified, high-balance mortgages in a new securitization that is exposed to a large share of borrowers seeking or already receiving pandemic-related forbearance or deferral on payments. So far, a little over half of those granted the allowance have yet to skip any payments.
June 8
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Independent mortgage banks started 2020 strong after three quarters of high profits, according to the Mortgage Bankers Association.
June 4
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The Consumer Financial Protection Bureau seeks to address challenged posed by the sunset of the London interbank offered rate at the end of 2021.
June 4
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The company's planned two-week halt on originations turned into more than two months on hiatus because of coronavirus-related market disruptions.
June 4
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Self-service portals fielded at least half of coronavirus-related forbearance-plan requests and made it possible to handle an influx at a challenging time, but the GSEs recommend circling back to borrowers.
June 3
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The new FHFA rule sets a percentage-based threshold to measure compliance, rather than Home Mortgage Disclosure Act data.
June 3
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The FHFA looks to shed light on the amount of funds Fannie and Freddie will need to hold for their risk-sharing deals.
June 3
