Warehouse executives seem optimistic about the immediate outlook for the sector, though some expressed concern how a wave of M&A activity has reduced the number of potential clients.

UST did not identify the mortgage firm selling the product, but described it as “well capitalized” and in “good standing” with Ginnie Mae.

All issuers must comply with the revised requirements, which take effect immediately, in order to remain an eligible participant in the Ginnie Mae program.

It is unclear how many developments have expired approvals but the number could be significant, Shrum said.

Coester filed suit against the Virginia Real Estate Appraiser Board, charging that the regulator is engaged in “a conspiracy to restrain and monopolize trade” and is operating in violation of antitrust laws.

Jumbo originations have increased sharply since 2008 but only about 5 percent of the loans have been included in jumbo MBS, which means the product is residing in bank portfolios...

The judge presiding over the case ruled that securities law regulates "disclosure of information, not the mismanagement of a company...”

Is the subprime MBS market ready for a revival, at least a small one?

Company CEO Mat Ishbia noted that the privately held company plans to continue a “strong pace” of hiring at the beginning of 2016.

However, insuring private-label MBS is not likely to be a future activity of the MI industry, given the losses suffered in the past...