Meanwhile, David Fleig, president of MorVest Capital, was reporting “very strong” interest in MSR financing on the part of independent mortgage bankers.

Mortgage industry stakeholders welcomed Sandra Thompson’s nomination, touting her achievements in her current role as acting director of the Federal Housing Finance Agency.

The Structured Finance Association said the SEC’s Exchange Act Rule 15c2-11 would lead to illiquidity in the ABS market.

Changes in FHFA leadership and in the structure of some CRT offerings have altered the calculations of investors.

The interest rate picture is cloudy and MBS trades are heading south. Time to worry? We’ll know soon, or maybe not.

Federally insured depositories reported $54.71 billion of closed-end second mortgages on their books, down 3.3%.

The Better.com story continues to percolate...

Fannie Mae discovered the encroachment during an audit...

Three interest rate hikes from the Fed next year? Could be...

Banks, thrifts and credit unions reported a modest increase in the untapped HELOC commitments in the third quarter, but homeowners continued to sit on a mountain of untapped equity. (Includes three data charts.)