Japanese investors increased their holdings of agency MBS by $32 billion and even boosted their non-agency MBS investments by $1.4 billion.

Although the recent spike in rates spooked some players in the non-agency market, conduits like Redwood Trust and Credit Suisse are still in the hunt for new customers.

Gordon Albrecht, executive vice president for FCI Lender Services, said, “The less the banks lend, for whatever reason, the more goes to private-money firms.”

When rates shot up quickly, were some MBS investors caught behind the eight-ball?

A former federal prosecutor, Linick is credited with creating the agency’s Office of Inspector General from the ground up.

Spreads have widened significantly on non-agency jumbo MBS in recent weeks, cutting into issuers’ profits.

According to exclusive figures compiled by Inside Mortgage Trends, Citigroup had $748 million of disputed buybacks with the GSEs at March 31.

Authorizing the FHA to shift mortgage-servicing rights from one processor to another could have a ripple effect on Ginnie Mae servicing rights.

On Tuesday the Fed will hold an open meeting to discuss final rule-making tied to the Basel III accords, which affects the value of mortgage servicing rights.

Now that the U.S. Supreme Court has decided to take on the presidential recess appointment issue in Noel Canning v. National Labor Relations Board, the odds are high that Richard Cordray’s appointment will also be reviewed and perhaps declared unconstitutional, according to the consensus expectations of a number of industry representatives. And if that happens, it could be a real mess for the mortgage lending community, according to one top industry lobbyist. In Canning, the D.C. Circuit Court of Appeals...