“The greater comfort that banks have in the current regulatory environment has situated them as more potential buyers of mortgage servicing product than was the case several years ago,” Fitch Ratings said.

Wells' application pipeline is at the highest level seen since the second quarter of 2013.

“Fannie and Freddie have made tremendous strides to provide clarity in the system and create innovations,” said Peter Carroll, executive vice president for mortgage policy and counter party relations at Quicken Loans.

Regulators found that New Day staff completed continuing education requirements for CEO Robert Posner and COO Paul Alger at least 18 times.

BofA and Chase are among the lenders that will move up their consumer-disclosure related processes.

The share of GSE business that came from the top five sellers increased slightly in the first quarter of 2015 compared with the previous quarter.

Fannie Mae and Freddie Mac issued a robust $189.92 billion of single-family mortgage-backed securities during the first three months of 2015, according to a new Inside The GSEs analysis.Business in the GSEs’ core MBS guaranty program grew 5.9 percent from the fourth quarter of last year. The pace in early 2015 was up a hefty 47.0 percent from the same period last year, which was the weakest quarter in over a decade. Nonbank seller/servicers continued to gain market share. These companies accounted for 45.6 percent of GSE MBS issued in early 2015, and their total production was up 7.7 percent from the previous quarter. (Includes 2 exclusive charts).

Freddie Pre-markets STACR Offering. Freddie Mac announced on April 6 a plan to pre-market its first actual loss STACR offering, STACR 2015-DNA1, starting April 13, subject to market conditions. Instead of allocating losses to the debt note based on a fixed severity approach, losses will allocated based on the actual losses realized on the related reference obligations. One Analysis of the Upcoming G-Fee and LLPA Announcement. In anticipation of the announcement surrounding guaranty fees and loan level price adjustment requirements, FBR Capital Markets released a couple of observations on April 8 regarding the possible income and impact on the market. “We still believe G-fees and LLPAs will be cut for a significant percentage of mortgage production,” FBR analysts said. However...

Conservatorship has left Fannie Mae and Freddie Mac in a state of flux, according to former Federal Deposit Insurance Corp. Chairman William Isaac, who recently criticized the federal government’s verdict to let the Treasury Department take the bulk of the GSEs profits. As anxiety continues to grow about the sustainable profitability of Fannie and Freddie, Isaac said there doesn’t appear to be light at the end of the tunnel. “We need to bring some fresh thought to this issue,” he said during a teleconference sponsored by Investors Unite last week. Although he said there has been very little movement on the issue within the past year. Isaacs said until a resolution is reached, “it’s very important that the government treat...

Fannie Mae’s maiden voyage in the nonperforming loan auction market began on April 8 when it announced that it will be auctioning a pool of approximately 3,200 loans totaling $786 million in unpaid principal balance. Joy Cianci, Fannie Mae’s senior vice president for credit portfolio management, said the transaction will help Fannie reduce the number of seriously delinquent loans it owns and offer additional foreclosure prevention opportunities. It’s being marketed in conjunction with Bank of America Merrill Lynch, Credit Suisse and The Williams Capital Group. Fannie’s first voyage into the sale of non-performing loans is expected to be a kick-off to future NPL sales. “We plan to build these sales into a programmatic offering...