Under this arrangement, the FHLBanks would be “jointly and severally liable” for the obligations of any single-family guarantor formed under the new system…

Housing finance reform legislation is being worked on in the House and Senate but has yet to be formally introduced.

As National Association of Realtors Vice President Joe Ventrone put it: “It’s an unintended consequence of the tax bill rather than falling into the bailout narrative.”

At Quicken, Carroll served as executive vice president where he helped develop the lender’s positions on key policy issues.

Look for New Residential to become a buyer of Ginnie Mae servicing packages...

Nationstar’s stock is publicly traded, but is majority owned by Fortress Investment Group, which late last year was sold to SoftBank.

The GSE-eligible loans have an average unpaid principal balance of $549,259 while the non-agency mortgages have a UPB of $703,898…

Acting CFPB Director Mick Mulvaney: “If there is one way to summarize the strategic changes occurring at the bureau, it is this: we have committed to fulfill the bureau’s statutory responsibilities, but go no further.”

Nationstar’s stock is publicly traded, but is majority owned by Fortress Investment Group, which late last year was sold to SoftBank.

The average credit score on loans in expanded-credit MBS issued in 2016 and 2017 was 704.9, according to a new analysis by Inside Nonconforming Markets.