The authors noted that appraisals associated with management companies may be more prone to contract price confirmation and super-overvaluation.

In his preamble to the Congressional report, Mulvaney sums it up best, saying "many” members of Congress “disagree with my actions as Acting Director…”

The trick, though, is to convert that higher MSR value into cash…

The loans in Chase's new MBS have an average balance of $527,877.

Acquiring government-insured loans from correspondent lenders has been a huge part of the Ginnie Mae market in recent years…

Cowen & Co. recently updated its forecast on GSE reform passing this year, slashing the odds to just 10 percent.

The idea is to offer “a space where businesses can test innovative products and processes without risk of regulatory consequences,” according to the Mortgage Bankers Association…

A Ginnie Mae crackdown on “loan churning” is helping MSR values in that sector as well…

Meanwhile, the servicing sector appears to be picking up a head of steam...

House Financial Services Committee Chairman Jeb Hensarling, R-TX, has renewed his call for the Senate to negotiate with the House regarding several bills Republicans want to add to the regulatory relief package. The Senate earlier cleared S. 2155, which would roll back various parts of the Dodd-Frank Act and give relief to community banks, sending it to the House. But the GOP faithful in the House have their own bucket list of relief bills and want the Senate to negotiate with the goal of creating a final ...