Look for New Residential to become a buyer of Ginnie Mae servicing packages...

Borrowing from the FHLB advance window would save REITs a ton of money…

At Quicken, Carroll served as executive vice president where he helped develop the lender’s positions on key policy issues.

Under this arrangement, the FHLBanks would be “jointly and severally liable” for the obligations of any single-family guarantor formed under the new system…

Housing finance reform legislation is being worked on in the House and Senate but has yet to be formally introduced.

As National Association of Realtors Vice President Joe Ventrone put it: “It’s an unintended consequence of the tax bill rather than falling into the bailout narrative.”

The DTA hit Fannie took and the resulting net loss was fully expected and likely won’t cause an uproar on Capitol Hill. However, one lobbyist quipped: "Ah, the first taxpayer bailout of a large financial institution since the Great Recession."

Dealmakers point to not only higher interest rates but lower anticipated loan production and MSR values that are firming up.

The Treasury Department's goal is to right-size federal housing programs...

The average credit score on loans in expanded-credit MBS issued in 2016 and 2017 was 704.9, according to a new analysis by Inside Nonconforming Markets.