Non-members of the Federal Home Loan Banks are able to service mortgages under the Acquired Member Asset program, according to a recent regulatory interpretation issued by the Federal Housing Finance Agency. FHLBanks have been challenged with finding eligible members to take over the servicing of AMA loans from private financial institutions that want to transfer the servicing rights for various reasons. Some members want to do so because they can no longer service the loan, and others are unwilling to continue servicing the loan, said the FHFA. As a result, a number of banks have been considering or have already allowed the sale of servicing rights to institutions that are neither members of any bank, or affiliates of bank system members.

The report from Potomac Partners bears the good news about FHA...

FBR Capital Markets analysts said the ruling allows the CFPB and the Department of Justice to retain their use of disparate impact under the Equal Credit Opportunity Act...

As the holiday weekend approached, representatives from PIMCO's media department had not returned telephone calls and emails on the matter.

Wells Fargo was the top seller to Freddie Mac in 2Q with $12.6 billion, according to newly compiled figures from Inside Mortgage Finance, but BofA was a somewhat close second...

However, refinance loans continued to account for the lion’s share of GSE business, Inside Mortgage Finance found.

For most HELOCs, the OCC said the end-of-draw period means that monthly payments change from interest-only to amortizing...

A few years back, then FHFA Director Ed DeMarco cut the compensation of the CEOs as a response to lawmaker concerns.

The Consumer Financial Protection Bureau also is reviewing LPMI, but from a different angle: RESPA and the "discounting" of such policies…

Fannie Mae and Freddie Mac saw a robust 22.3 percent increase in their single-family business during the second quarter of 2015, according to a new Inside Mortgage Finance ranking and analysis. The two government-sponsored enterprises issued a combined $232.36 billion of single-family mortgage-backed securities during the second quarter. It was their strongest quarterly production level since the third quarter of 2013, and it lifted ... [Includes three data charts]