Committee Chairman Mike Crapo, R-ID, listed maintaining the TBA market and the 30-year fixed-rate mortgage among his important principles for reform…

“This is a big step for them [Movement],” said consultant David Lykken, president of Transformational Mortgage Solutions.

Under NAR's plan, a portion of GSE profits would be deposited into a liquidity fund controlled by the FHFA.

The firms originating the collateral backing the MBS were not identified.

Overall, NYCB will earn, on a pre-tax basis, $90 million by exiting the residential finance sector…

-The nation’s top three ARM lenders are JPMorgan Chase, Wells Fargo and Bank of America…

Meanwhile, holders of the GSE junior preferred stock receive nothing from Fannie and Freddie in terms of dividends.

Filler was named CEO of Finance of America Commercial, but departed after roughly two months.

PHH Mortgage and Chase both played a role in the decline of IO originations.

If the bill becomes law, REITs that gained access to low-cost FHLB advances would get a reprieve.