Should Fannie Mae and Freddie Mac increase the 25 basis point servicing fee they pay mortgage companies that service their loans? The issue was apparently raised by at least one mortgage executive at a recent advisory board meeting that Fannie held with some of its customers. Two servicing advisors with knowledge of the meeting confirmed the story, but few in the industry believe that any type of increase is being contemplated at this time. One major concern centers...

Fannie Mae reported nice guaranty fee income in first quarter, but as one former GSE executive told us: “Their expenses are out of control.”

It seems that GSE officials, to some degree, are trying to manage future expectations, but one thing is certain: guaranty fee income remains very strong.

PennyMac had 271 approved correspondent sellers at March 31, up from 229 at the end of the fourth quarter.

With $1.811 trillion of mortgage servicing rights on its books at the end of the first quarter, it would take an earthquake to knock Wells Fargo into the humble 12-figure universe.

Despite regulatory "noise," Walter Investment noted that it received approvals to complete servicing transfers during the first quarter of 2014.

At the end of March, Two Harbors affiliate TH Insurance had $464.5 million of outstanding secured advances from the Federal Home Loan Bank of Des Moines.

Before joining the FHFA in late 2011, Hornsby spent 26 years at the Federal Reserve Bank of San Francisco, the last 10 under Janet Yellen, who is now the nation’s central banker.

“We’re well into this year’s home-buying season and too many potential buyers and sellers are sitting on the sidelines because they’re afraid they can’t qualify for a home loan before they’ve looked into it,” said loanDepot's Dave Norris.

Radian will be finance the purchase through the issuance of debt. In 2013, Clayton had annual revenue of $135 million and net income of $9.1 million.