The CFPB is a tough cop on the beat, no doubt. But is the agency and its rules causing certain banks in Oklahoma to exit the residential lending sector?

CEO candidates are being approached by the Federal Housing Finance Agency to run the new single-GSE MBS platform.

Although all of Bank of America earned $2.6 billion in the first quarter, its mortgage business lost money thanks to legacy problems. Also, it appears the bank is addicted to refis.

Four non-management directors at Nationstar Mortgage earned almost $1.5 million last year. Meanwhile, it appears Flagstar is selling some of its MSRs.

The industry is happy that the Home Affordable Refinancing Program has been extended, but it also means that 'HARP 3.0' might not come anytime soon.

It appears that Fannie Mae is dialing back on its plan to sell nonperforming residential loans.

The market for residential servicing rights is picking up a full head of steam with several packages out for bid.

Now that Fannie Mae and Freddie Mac are earning a ton of money, who will have a say over what happens to that cash?

Loan repurchases by seller/servicers fell last year, a sign that the worst of this problem may be over for the industry. Or is that wishful thinking?

Rep. Maxine Waters, the ranking minority member of the House Financial Services Committee, believes that now is "precisely the time to think about how we can reshape the secondary mortgage market."