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Federal Reserve officials have hammered home the importance of bank readiness to borrow from the discount window. Getting banks to actually do so may require the Fed to make structural improvements to the system.

Doma leadership said it has the technology and underwriting capabilities to allow the government-sponsored enterprises to handle the risk refi loans eligible for title waivers under a pilot announced by President Biden last week.

The community development financial institution was the nation's top non-qualified mortgage lender last year, according to one ranking.

But still-elevated interest rates contributed to a "deteriorating outlook" for independent mortgage banks this year, Fitch Ratings said.

The Congressional Budget Office put an estimate on the net government subsidy provided to the Federal Home Loan Bank System, including the so-called "implied guarantee," on bonds priced and sold to investors.

The nearly 50% homeownership rate in 2023 marked the most significant increase since the Great Recession, according to NAHREP.

Lee Cove, former divisional vice president at Caliber, is being accused of bringing over 150 employees to Cardinal Financial in 2022.

A greater number of refinances, particularly in the government market, led overall volumes higher, the Mortgage Bankers Association said.

In an address on Tuesday, economic advisor Lael Brainard also discussed the controversy surrounding the president's proposed title waiver program.

The agency had intended to block access to tax data by most lenders on June 30 as part of a policy change that sought to protect taxpayer privacy. But drew broad opposition from the financial services industry.

Company executives are counting on Guild's recent acquisitions to buoy business once the market normalizes.

The lender and servicer is still in the red but trimmed its expenses, and overall losses, significantly in 2023.

Voters approved Proposition C, which offers a tax break for developers to convert up to 5 million square feet of commercial space by 2030.

Some mortgage companies had to write down values in the fourth quarter due to increased prepayment risk, but many loans haven't been exposed to that concern.

The American Land Title Association, which represents the title insurance industry, argued that the program would not cut costs for those who really needed it.

The attack is one of three major incidents the lender has suffered in the past three years.

The Mortgage Bankers Association would like Fannie Mae to move toward the fee-based structure Freddie is testing.

While some said the agency was ignorant of its own rules, one trade group praised the goals of the posting.

Regardless of the effect housing prices have on ballot decisions, almost two-thirds of respondents indicate that current economic trends left them feeling negative about the economy, Redfin said.

The head of the U.S. Department of Housing and Urban Development under the Biden Administration said she will transition from public life starting March 22.