Daily Dose

If another banking crisis arises, as in 2008, OCC Head Thomas Curry says that banking practices used now will help to soften the blow and restore stability in the banking industry.

Credit risk transfer is GSE’s largest whole loan securities deal to date. Deal includes $602M in guaranteed senior certificates backed by 1,227 super-conforming loans.

Recent New York decision in federal court expected to speed up foreclosure process in that state and other states with similar foreclosure requirements as well.

Freddie Mac may be moving toward backing loans that finance single-family rental (SFR) homes. If the reception is similar to when Fannie Mae backed Invitation Homes is January, expect mixed reactions from the industry.

In his first address to Congress at the end of February, President Trump reiterated his commitment to growing U.S. jobs. The most recent report from the Bureau of Labor Statistics shows that during Trump’s first-full month as president employment increased by 235,000 jobs.

C-level mortgage leaders were surveyed to find their leading staffing concerns for this year and in the future, including talent acquisition, retaining good people, and hiring millennials.

Economist offers suggestions to new HUD Director on improving affordable housing for working families near areas of economic opportunity.

The rise in mortgage rates is attributed to the anticipation of a possible federal rate hike next week.

A recent study found that mortgage lenders cited the federal "Know Before You Owe" mortgage disclosure rule to be the source of most of their quality control headaches in 2016.

Lenders tend to be pressured to lend more aggressively if competing lenders relax standards.