Make no mistake about it, Ally – whose financing roots can be traced to General Motors – has no visions of grandeur in residential finance.

Fannie and Freddie have securitized roughly 80.8 percent of conventional-conforming mortgages over the first nine months of the year.

Private rights of action are not covered by the CFPB good faith language on TRID...

In the past, the duty to serve rule has received a great deal of attention from manufactured housing executives who argue the GSEs are not purchasing enough of their loans.

Some other CFPB mortgage-related issues could come up for discussion, such as a hold-harmless enforcement period under the bureau’s new TRID rule...

By the way, 10 years ago, PennyMac didn’t even exist. Today, it ranks sixth among all residential lenders and 11th among servicers...

The Golden State accounted for $19.4 billion of VA loans in Ginnie pools at the end of the nine-month period. The Old Dominion State accounted for $10.1 billion in VA loans in Ginnie MBS.

Through the first nine months of the year, PennyMac originated $36.92 billion of residential mortgages, an impressive 74.9 percent gain from the same period a year earlier.

The only significant nonprime competition Angel Oak faces is Citadel Loan Servicing, Irvine, CA.

Compass Point predicts the measure now has a 40 percent to 60 percent chance of passage under the omnibus spending bill.