Chase continues to grow the volume of residential whole loans kept on its balance sheet: $197.3 billion at yearend compared to $181.2 billion at the end of 2016.

Ginnie Mae is redefining the term “defective mortgage” to remind issuers of their obligations when confronted by a home loan that does not have federal insurance or a guarantee. The action also clarifies options issuers may consider in dealing with defective mortgages.

After rumors late this week surfaced that Sen. Mark Warner, D-VA, was walking away from supporting the government-sponsored enterprises’ bill (Corker-Warner) he crafted with Bob Corker, R-TN, a source close to the housing finance reform discussions confirmed that is not the case.

The government-sponsored enterprises both ended 2017 with record-setting numbers in the mul-tifamily market. Freddie Mac issued $68.0 billion in multifamily securities last year, up from $51.2 bil-lion the previous year.

Critical components of loan structural quality in the commercial MBS space seem to be deteriorating, particularly when it comes to single-borrower deals, according to a new report from Moody’s Investors Service.

After some delays, PennyMac Financial Services launched its broker channel operations this week.

PNC Bank made a relatively paltry $29 million in noninterest income on its mortgage business in the fourth quarter of 2017.

Issues related to servicing are often overlooked when it comes to discussions on housing-finance reform, according to an Urban Institute paper published this week.

Through three quarters in 2017, originations of interest-only mortgages declined significantly, according to a new ranking and analysis by Inside Nonconforming Markets. A group of 15 prominent IO lenders had $20.18 billion of such production in the first three quarters of 2017. That was down by 35.1 percent from the same span in 2016. First Republic Bank, the top IO lender in the group, increased its production of the loans, but volume has declined at ... [Includes one data chart]

While mortgage originations overall declined through three quarters in 2017, production of adjustable-rate mortgages increased slightly from the same period in 2016, according to a new ranking and analysis by Inside Nonconforming Markets. An estimated $161.0 billion of ARMs were originated in the first three quarters of 2017, up 2.5 percent compared with 2016. Total mortgage originations declined by 10.1 percent in that span ... [Includes one data chart]