Want to shrink Fannie and Freddie? Cut investor loans, then move on to cash-out refis…

If Michael Bright is not confirmed in the current Congress, President Trump will have to re-nominate him...

Retail originations declined more than third-party production in the three major mortgage-product categories during the third quarter of 2018, according to a new analysis by Inside Mortgage Trends. Based on survey data from a broad cross-section of lenders, retail originations fell 8.8 percent from the second to the third quarter. The wholesale-broker sector was down 1.9 percent, while correspondent production posted a 1.9 percent increase. The data ... [Includes two data charts]

Carrington Mortgage is working on its first non-QM securitization...

Some industry lobbyists believe the Senate Banking Committee hearing on GSE pilot programs will not be held this year at all.

When the measure was first introduced, one housing lobbyist quipped: “This is like someone laying on their death after drinking and sinning and finally realizing they need to get baptized. This is not being introduced for good political reasons.”

Fannie Mae and Freddie Mac continue to sell NPLs but for how long?

KBRA said nonprime issuance in 2019 should benefit from an increase in origination volume and other efficiencies…

The specific nature of the allegations was not disclosed…

Although the manufactured home industry is lobbying for chattel lending, Fannie Mae and Freddie Mac still require real property for collateral.