Secondary markets

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

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 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

The agreement includes roughly $300 million in restitution, and a $100 million civil money penalty that will be one of the largest in New Jersey's history if it receives court approval.

The impairment rate for securitized non-qualified mortgages improved a little in August after increasing slightly the two previous months.