A risk-based capital regime could be in the works for Fannie and Freddie, though some GSE watchers suggest the whole exercise could be in flux. Meanwhile, Wells Fargo has a new servicing chief, Ann Thorn from Caliber Home Loans.

The agency market — FHA/VA and conventional conforming — still accounted for 86% of first-lien originations, but jumbo and ECM lending are gaining ground. (Includes two data charts.)

Mortgage trade groups quash FCA amendment in the bill but can’t prevent continuation of a 10-basis-point g-fee surcharge.

Ginnie Mae servicing sales were strong last quarter but is all that about to end because of higher capital requirements?

The share of mortgages in forbearance fell substantially over the past year, but the Department of Housing and Urban Development wants servicers to reach out to all homeowners who may still need loss-mitigation assistance.

If Ginnie Mae hikes its capital requirement as proposed, it could reduce the number of issuer/servicers. But some nonbanks would benefit from reduced competition.

The government wants its MBS servicers to have more cash on hand, just in case. But what about Fannie and Freddie?

The changes: FHA has established a streamlined loan mod that servicers must offer to certain borrowers, GSE servicers have to follow the CFPB’s new standards a month earlier than intended, and Ginnie Mae and NCUA are allowing for a broader range of loan mods.

Time to throw away the loss-mitigation toolbox in dealing with COVID-related delinquencies? Maybe not.

The Washington rumor mill is spitting out names for the FHA and Ginnie Mae jobs. Will any turn into actual nominations?