February 2026

MSRs in focus as Fed rethinks Basel III rules

Federal Reserve discussions about relaxing Basel III capital treatment of mortgage servicing assets could make MSRs more attractive for banks, but early analysis points to limited near-term market impact. Processing Content Comments from Federal Reserve Vice Chair for Supervision Michelle Bowman on Monday indicated the Fed was discussing removing the requirement to deduct mortgage servicing […]

MSRs in focus as Fed rethinks Basel III rules Read More »

Fed’s Barr outlines AI risks to finance, labor market

Key Insight: Federal Reserve Gov. Michael Barr said the economy is currently ‘closest’ to a scenario in which AI gradually raises worker productivity without resulting in sweeping layoffs. Supporting data: Only 17% of firms currently use AI, according to a study cited by Barr. Forward look: Barr says policymakers must prepare for the worst, which

Fed’s Barr outlines AI risks to finance, labor market Read More »

Fairway, NAIFA reverse mortgage training targets financial advisors

Home Mortgage, is launching a new program to help financial professionals integrate home equity into retirement planning.   Processing Content The training, offered exclusively to NAIFA members, focuses on the ethical and strategic use of housing wealth, including reverse mortgages, in retirement planning for clients 55 and older, the organizations said in a press release Tuesday.

Fairway, NAIFA reverse mortgage training targets financial advisors Read More »

Wall Street is sizing up Warsh’s options to shrink Fed portfolio

Federal Reserve Chair nominee Kevin Warsh has several paths toward reducing the central bank’s $6.6 trillion balance sheet but the process will be costly and lengthy, Wall Street strategists say.   Processing Content Warsh has called for dramatically paring the Fed’s massive financial footprint, rekindling the debate around the size of its portfolio which swelled

Wall Street is sizing up Warsh’s options to shrink Fed portfolio Read More »

Institutional home buyers gained ground in December

Institutional investors modestly expanded their share of single-family home purchases in December, complicating President Donald Trump’s call to push large buyers out of the market. Processing Content Large investors, those that own between 100-999 properties, accounted for 3% of all single family-home purchases and mega investors, 1,000 or more properties, totaled a 2.8% share in

Institutional home buyers gained ground in December Read More »

Rocket Pro executive Mike Fawaz leaves the megalender

Rocket Pro executive Mike Fawaz leaves the megalender

Rocket Pro leader Mike Fawaz, one of the company’s most public-facing leaders, has left his position.  Processing Content The executive vice president, who’s been with Rocket since 2011, made his announcement in a Linkedin post Monday, and his employer confirmed his departure Tuesday. Housingwire first reported the news. His exit comes two weeks after general

Rocket Pro executive Mike Fawaz leaves the megalender Read More »

Homebuilder sentiment dips to 5-month low on affordability

US homebuilders’ confidence slipped again this month, bogged down by persistent worries over affordability and high construction costs.  Processing Content An index of market conditions from the National Association of Home Builders and Wells Fargo edged down in February to 36, the lowest level since September. That fell short of all but one estimate in

Homebuilder sentiment dips to 5-month low on affordability Read More »

Fairway Home Mortgage announces educational partnership for home equity adviser credential

Fairway Home Mortgage on Tuesday announced a partnership with the National Association of Insurance and Financial Advisors (NAIFA) to unveil a new educational credential for NAIFA members. The Certified Home Equity Advisor (CHEA) credential aims to help financial and insurance professionals “responsibly integrate home equity into comprehensive retirement planning,” Fairway explained in a press release.

Fairway Home Mortgage announces educational partnership for home equity adviser credential Read More »

Scott Cox: If you don’t know the why, you may miss the signal

Many more people know how to do their job, than know why a given approach works.  This can cause severe and unknown risk, because if circumstances change, the previous “right” solution may no longer work, or opportunities may be missed.  A couple of examples: Risk Example In the mid- to late 1990s, as Sacramento was

Scott Cox: If you don’t know the why, you may miss the signal Read More »