Secondary

That's left mortgage servicing rights investors with fewer concerns about runoff, but buyers have less in the way of recapture opportunities.

The mortgage subsidiary of PlainsCapital Bank also said it had reduced its headcount by 23% in the past year.

The delay acknowledges concerns some companies and trade groups have had about compliance with the requirement.

The government guarantor's securitization platform went offline on October 19 and will reemerge on October 25.

The Mortgage Bankers Association and Housing Policy Council are asking for the Federal Housing Finance Agency to make government-sponsored enterprise data available as part of the establishment of its new Office of Technology.

The automation provider, which could merge with ICE Mortgage next year, is updating secondary market tools sorely needed in a volatile market.

The new product will be based on a recent revision to the Department of Veterans Affairs' handbook for lenders, according to the company.

Urban Institute research backed by the Federal Home Loan Bank of San Francisco suggests using rent and utility reporting for this purpose is complicated but has a net benefit.

The Federal Housing Finance Agency performance report also calls for owner occupants and community groups to get first dibs on over 90% of real-estate owned sales.

The Detroit-based lender said the program will "accelerate loan purchases" and "eliminate significant costs" for its partners