Secondary

The trend of embracing risk-based pricing in conventional mortgage fees and loan-level pricing should be reversed. Instead, credit risk should be pooled to ensure all creditworthy families have access to their American dreams.

The bank is holding on to $31.7 million of the notes to be issued in the $635 million conduit transaction in order to comply with risk retention rules, according to ratings agency presale reports.

Although issuance of residential mortgage-backed securities remains down from a year ago, the number of nontraditional deals is continuing to grow, according to Moody's Investors Service.

CoreLogic reported a 90% year-over-year decline in net income during the fourth quarter, as impairment charges more than offset the company's revenue gains.

Driven by investor uncertainty, mortgage interest rates have moved by two basis points or less for four consecutive weeks, according to Freddie Mac.

U.S. Treasury Secretary Steven Mnuchin's seriousness about overhauling the nation's $10 trillion mortgage market will soon be tested.

Ocwen Financial Corp. reduced its net loss in the fourth quarter, a reflection of the company's efforts to reduce expenses.

Republican lawmakers are citing a recent report that delinquencies rose for loans guaranteed by the Federal Housing Administration as a reason to delay a premium cut, but economists suggest the uptick is related to seasonal issues.

Economic growth and lasting positive change within the mortgage industry require carefully considered strategy and close analysis of potential scenarios, not hastily-conceived executive orders.

Commercial mortgage loan originations in 2017 are expected to increase 3% over last year to a record high, as market fundamentals and property prices remain strong, according to the Mortgage Bankers Association.