Nonbanks continue to request warehouse lines of credit but because of declining origination volumes, the thirst is easing somewhat.

The top contributors to the new Redwood Trust jumbo deal include George Mason Mortgage, Cole Taylor Mortgage, W.J. Bradley Mortgage Capital and PrimeLending.

The MSR sales machine is cranking up at MountainView.

The FHA said it is working to define a “qualified mortgage” standard that meets the QM criteria under the Dodd-Frank Act, which takes higher priced mortgages into account.

As of Wednesday morning, a GSE shareholder petition accessible through the White House website had 874 of the 100,000 signatures required by July 1.

Ellington Management under new mortgage chief Steve Abreu may go on a purchase tear, rolling up companies.

Wells Fargo was the top-ranked non-agency jumbo lender in the first quarter with $9.67 billion, nearly double the next closest lender.

Cole Taylor Mortgage is getting serious about the servicing business. It purchased a portfolio from Liberty Savings and plans to start its own in-house platform.

There is at least one curiosity in the GSE draft bill: any individual who ever served as a director of the Federal Housing Finance Agency is prohibited from serving as a board member on the new Federal Mortgage Insurance Corp.

The Inspector General of the Federal Reserve has initiated an evaluation of the CFPB’s integration of enforcement attorneys into its examinations of banks and nonbanks.