Residential loan sales by banks totaled $151.79 billion in the second quarter, down 7.3 percent from the previous period.

MUFG Union Bank was the top wholesale lender in the jumbo market by a wide margin.

Ginnie Mae took umbrage at the IG’s findings, saying it was aware of the market share shift to nonbanks in 2012 and was already taking action…

The new Ginnie Mae buyout authority expires March 31 of next year…

Kroll Bond Rating Agency assigned AAA ratings to the deal.

The Mortgage Bankers Association is projecting that more than 4,600 residential finance professionals will attend its annual convention in Denver next month.

Last week, the CFPB issued new proposed policy guidance spelling out how it intends to disclose the loan-level data that financial institutions will report under the Home Mortgage Disclosure Act. The guidance would apply to HMDA data to be reported under Regulation C as of Jan. 1, 2018. The bureau intends to make this data available to the public starting in 2019. “Public disclosure of mortgage data is central to the achievement of HMDA’s goals,” the agency said. “The bureau has considered whether and how HMDA data should be modified prior to its disclosure to the public, in order to protect applicant and borrower privacy while also fulfilling HMDA’s public disclosure purposes.” First, the CFPB is proposing to exclude from ...

To some, CFPB Director Richard Cordray does not sound like a candidate…

FHFA Director Mel Watt is concerned about zero capital, but has not yet given any public indication he will do something about it...

All of the uptick in seller buybacks came from Fannie, where repurchases surged 21.5 percent from the first to the second quarter.