“Auctions would determine the market prices of those guarantees and allocate them to the lenders who most valued them,” the CBO said.

Elsewhere, Batkins projects compliance with all of the CFPB's 2014 regulations to cost the financial services industry $2.1 billion.

The National Association of Realtors recently estimated that in 2014, nearly 234,000 creditworthy borrowers were priced out of the housing market because of high FHA insurance premiums.

On an annualized basis, Ocwen Financial is still profitable and has a price-to-earnings ratio of 10.

Of course, we’re waiting to see what Republicans on Capitol Hill think of a cut in FHA premiums…

Potential actions by regulators also give non-agency MBS investors cause for concern.

Mortgage brokers originated 21.3 percent of Golden State mortgages during the first nine months of the year...

“There’s a lot of 60- and 70-year old mortgage managers out there.”

In 3Q the top seller of mortgages into the secondary market was Wells Fargo with $39.29 billion, a 12.7 percent sequential improvement.

SunTrust wouldn’t comment on the charge other than to note that the issue has been previously disclosed.