Buybacks by GSE seller/servicers set a new quarterly low…

Brian Chappelle, a principal in Potomac Partners told IMFnews that his lending clients “are starting to worry.”

Rep. Waters to Mick Mulvaney: “I am writing to inform you that while your time running the Consumer Bureau may be over, the time for accountability for your actions is about to begin.”

Was it Mnuchin’s idea to call the six bank CEOs or did President Trump put him up to it? That storyline has yet to be fully explored…

Matt Nichols, a former Goldman Sachs executive, launched Deephaven earlier in the decade as a correspondent buyer of non-QM loans.

Even a relatively modest increase in interest rates is likely to have a disproportionate impact on the ability of high debt-to-income households to qualify for GSE loans, according to a recent report by Wells Fargo Securities Structured Products Research.

In what’s become a nearly annual event, the Congressional Budget Office this week suggested raising the guarantee fees charged by Fannie Mae and Freddie Mac, and/or lowering the loan limit, in order to reduce the federal deficit.

On Friday, just two days before the Congress recessed for the holidays, House Committee on Financial Services Chairman Jeb Hensarling, R-TX, surprised industry observers by holding the long-delayed hearing on his pet project, “The Bipartisan Housing Finance Reform Act of 2018.”

With many consumers shopping at brick-and-mortar stores this holiday season, mortgages on department stores and shopping malls that are included in commercial MBS will likely see good performance in the end of 2018, said DBRS. [Includes one data chart.]

The ARM share typically goes up when interest rates rise, but not this time around…