“While we’re trying to lend fairly in an unfair world, the regulatory and enforcement apparatus have created this environment that we’re in and they will be looking to enforce based upon those rules,” said industry consultant Maurice Jourdain-Earl.

JPM has made it clear: the megabank refuses to chase market share in a world of declining originations.

Jumbo production surged 20.9 percent from 2012 levels to an estimated $272 billion – the strongest output for the sector since 2007.

Overall, HUD’s entire 2015 budget seeks a 2.6 percent increase over FY 2014 levels to $46.66 billion.

In early September, in an exclusive report, Inside Mortgage Finance broke the news about funding delays at the company. At the time, a Nationstar spokesman blamed the situation on the changing of document custodian vendors. (It would not name the vendor.)

Prospect Mortgage had roughly $975 million in committed warehouse lines at yearend. Its three largest providers include UBS Securities, Bank of America/Merrill Lynch and Fannie Mae.

Mortgage bankers are concerned how the proposed FHA fee will be applied and whether it may cause lenders to become even more cautious and less incented to use the full FHA credit box.

Roughly 96 percent of mortgage bankers earned money in the third quarter. But that wasn't the case in 4Q, according to Richey May & Co.

Add default servicing to the list of things JPM's Jamie Dimon doesn't like about the mortgage industry.

All of the loans in the Credit Suisse MBS are 30-year fixed-rate mortgages, 4.1 percent of which have 10-year interest-only periods.