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Jamie Dimon urges regulatory rollback to cut mortgage costs by up to 80 basis points
Jamie Dimon, the head of JPMorgan Chase, has called for regulatory simplification and expansion of low-income tax credit programs.
Mortgage rates reverse sharply as market goes wild
With market volatility, mortgage spreads do get worse. However, a 10-year yield of 4.35% or lower is reasonable.
Live blog: Politicians talk GSE reform, tax bill and more at MBA Advocacy
We’re bringing you live dispatches from MBA Advocacy, where politicians will share progress on the tax bill, GSE reform, trigger leads and more.
Coronavirus could push mortgage rates to all-time lows
The panic spurred by the new pandemic could shave as much as 20 basis points off mortgage rates that already are near three-year lows. That would put them at or near all-time lows. HW+ Premium Content
What is the Ability-to-Repay rule without DTI?
The CFPB is in talks to move away from the debt-to-income ratio requirement in mortgage underwriting. If DTI goes away, can the industry properly determine if a borrower can repay their loan? HW+ Premium Content
Will Fannie and Freddie gain new competitors through GSE reform?
Today Fannie Mae and Freddie Mac control the secondary market. But what would it look like if they had more competition? HW+