“I understand this is the largest attended ABA compliance conference. You’re welcome,” dead-panned CFPB official Steve Antonakes. “We'll see what we can do this year to boost your numbers a little more next year.”

We’re hearing unconfirmed reports that the Federal Housing Finance Agency may not hire a chief executive and chairman for the common securitization platform project after all…

Fitch Ratings said the spike was an aberration, caused by a servicing transfer, not sudden poor performance by pristine jumbo borrowers.

At March 31, PIMCO did not even rank among the top institutional holders of PHH Corp. As one analyst quipped: "Maybe they like the valuation."

It remains unclear why Rick Thompson departed Envoy Mortgage as its CEO.

How much stock to insiders at Fannie Mae and Freddie Mac actually own?

Economic trends point to continued strong performance for outstanding non-agency MBS, according to Standard & Poor’s. “S&P expects the sector to demonstrate stable characteristics and stable rating trends,” said Jeremy Schneider, a primary credit analyst at the rating service. “Our outlook for collateral performance is strong, and our assessment of the overall sector is stable.” In a report released late last week, S&P said...

Officials at Hudson City Bancorp said the jumbo portfolio lender is facing a significant loss of potential originations this year due to the documentation requirements included in the Consumer Financial Protection Bureau’s ability-to-repay rule. In January, Hudson City stopped offering mortgages with reduced-documentation standards due to the implementation of the ATR rule. Such loans accounted for 22.0 percent of the lender’s $3.44 billion in production in 2013. “We discontinued...

State regulators considering increasing capital requirements for nonbanks should hold off, according to an analysis by Kroll Bond Rating Agency. With encouragement from the Financial Stability Oversight Council, state regulators are considering prudential regulatory standards for nonbank mortgage companies. “We believe that large nonbank companies, and particularly seller/servicers in the mortgage sector, do not require formal capital requirements and other types of prudential regulation,” KBRA said in a report authored by Christopher Whalen, a senior managing director at the rating service. Nonbank servicers appear...

The Independent Community Bankers of America announced this week that its ICBA Mortgage Solutions added jumbo products to its correspondent offerings. ICBA Mortgage supports community banks’ access to the secondary market for servicing-released programs; the correspondent offerings are provided by LenderLive. The new program includes loan balances of up to $2.0 million. ICBA said the program allows for in-house underwriting and has a no-cross-sell guarantee. “We are pleased to offer a product that will meet jumbo customers’ needs while protecting these valuable relationships,” said Robert Kallio, senior vice president of ICBA Mortgage Solutions. He stressed...[Includes two data charts]