Perhaps the lone Democrat in the Trump administration, Phillips believes the nation needs both Fannie and Freddie...

Need more workers to staff your shop? You're not alone...

However, the group did post a 1.9% increase in its investment of non-agency MBS, boosting aggregate holdings to $7.07 billion.

In an interview with Inside Mortgage Finance, CampusDoor Chief Executive Officer Steve Winnie declined to say exactly what the new rate might be, but offered up this ray of hope: “We’ll be competitive.”

Most of the industry's big increase in first-quarter repurchases came from USAA Federal Savings Bank. (Includes data chart.)

The Trump-era CFPB maintained that self-reporting is responsible business conduct. But is it a prudent move? Attorneys weigh in.

Lenders with correspondent networks that buy already-funded mortgages (agency or otherwise) are pondering their sale options.

Prepayment speeds are dropping on agency MBS but there could be choppy waters ahead on VA IRRRLs. For now, VA is staying quiet.

All things equal, "agency" jumbo volume might be expected to grow when loan limits are raised.

On the way out, via his retirement, is veteran Jack Nunnery, who will be replaced by one of his lieutenants, Madison Simm. Nunnery has been with TCB for 14 years...