Getting Fannie Mae and Freddie Mac out of limbo should not result in the creation of multiple guarantors, according to community lenders testifying at a housing-finance reform hearing in the Senate Banking, Housing and Urban Affairs Committee last week. “The worst outcome in … reform would be to allow a small number of mega-firms to assume the size and scale of Fannie and Freddie under the pretense of creating a private sector solution strong enough to assure the markets in all economic conditions,” said Jack Hopkins, president and CEO of CorTrust Bank, on behalf of the Independent Community Bankers Association. Any plan that promotes consolidation is...

Wells looks to up its originations by boosting IO jumbos.

Citadel is definitely feeling good about whole loan execution these days.

Only two lenders have consistently provided more than 5.0 percent of the dollar volume in jumbo MBS Redwood has issued this year: First Republic Bank and Quicken Loans.

HUD's MRB suspends Seckle Capital.

The nation’s megabanks reveals a mixed bag when it comes to residential originations.

By comparison, ARMs accounted for less than 1.0 percent of total prime non-agency MBS issued in the first quarter.

The USMI said in statement that cutting FHA premiums right now is “neither necessary nor prudent at this time...."

At a GSE reform hearing, Sen. Mike Crapo, R-ID, chairman of the Senate Banking Committee, called small lenders “fixtures in their communities...”

A lot of the ABS oomph came from the $2.08 billion whole-business securitization by Domino’s Pizza...