Specifically, HUD wants to know if there are any regulations that should be repealed, replaced or modified.

Deutsche noted that after years of a steady broad-based housing market recovery “investors are now facing severe shortages in distressed housing pipelines.”

Redwood generally prefers to have multiple execution options. The company is considering issuing MBS backed solely by Choice mortgages.

This fall will mark – unless there’s divine intervention or a Kumbaya moment in Washington – the ninth anniversary of the federal takeover of Fannie and Freddie.

Out as CEO is Brian Hale, who helped groom the company for much of this decade. Hale is departing for a new venture called DCC Holdings.

The size of the pending jumbo deal from JPM has not been disclosed yet, but AMC, Clayton and Opus are working on reviews...

Ryan went on to say it would be a limited buffer, but it should be large enough to help cover and avoid a draw...

In other words, Ocwen should have told shareholders that there was an MOU with the MMC.

The 14 largest FHA originators were all nonbanks, led by Quicken Loans, Freedom Mortgage and loanDepot.

Although it lost money on an accounting basis, its funds from operations, or FFO, came in at $78.2 million compared to $64.3 million for 1Q16.