The catch was that the so-called GSE "patch" would only last as long as Fannie and Freddie remained in conservatorship...

This mortgage manager estimates a “good” LO works 50 to 70 hours a week…

After four decades in its storied Wisconsin Avenue building, Fannie Mae plans to return to its much earlier roots by making downtown Washington, DC, its new corporate headquarters. The company selected the current site of The Washington Post, on 1150 15th Street, NW, as its future home in January, debunking speculations of a move to other parts of the city.

Jumbo mortgage production last year grew its share of total originations to its highest level since well before the financial collapse that launched the era of the “agency jumbo” loan. Mortgage lenders cranked out a total of $291.1 billion of home mortgages with loan balances exceeding the old conforming loan limit of $417,000. Like everything else in mortgages, jumbo production was down from 2013, by 22.4 percent. But total mortgage originations fell...[Includes three data charts]

Most people who are not in straight-jackets believe the chances of GSE reform by 2016 are pretty much zero. Just in case you were wondering and needed a reminder…

A major cross-selling opportunity? A report from Credit Suisse notes that, “Every month, JGW receives over 60,000 inbound calls from consumers…”

The Supreme Court decision on overtime pay for loan officers is just over 48 hours old, but already some companies are fearing the worst...

Fannie Mae provided no additional information on the departure, which sounds temporary in nature.

KBW, by the way, has set a $1 per share price target for both Fannie and Freddie.

CHLA lists four specific concerns about the proposed capital rule, including a complaint that a 25 basis point “add on” (based on UPB) is too “severe.”