NextGenMortgage

Policymakers are exercising restraint when it comes to the MBS portfolio for now but they'd still still like to sell, panelists at an industry conference said. https://www.nationalmortgagenews.com/news/why-the-feds-actions-may-only-go-so-far-to-support-mortgages

The end-of-year slowdown comes after a recent fall surge, but overall activity still finished 6% below late 2022 levels, according to the Mortgage Bankers Association. https://www.nationalmortgagenews.com/news/mortgage-application-volumes-decrease-to-close-out-2023

Banks have been working to sell portfolios of commercial-property debt as they seek to manage their exposure to the sector. Soaring borrowing costs have weighed on valuations, with commercial real estate prices slumping 16% in September from a peak in March 2022, according to real estate analytics...

Workers who switched companies have disparaged their former employer to its homebuilder partners, the suit claims. https://www.nationalmortgagenews.com/news/fbc-mortgage-sues-new-american-funding-for-theft-of-trade-secrets

Some proposed changes to uniform mortgage-backed securities, apartment loans and derivatives will be made while one involving credit reports and scores was pulled. https://www.nationalmortgagenews.com/news/fhfa-finalizes-updates-to-capital-framework