Redwood noted that although it is quitting commercial mortgage production, it will continue to “opportunistically invest in mezzanine and subordinate CMBS tranches that meet our risk/return profile.”

Falling rates are great for the mortgage industry, right? Yes and no...

MBS issuance rebounded in December, with Fannie/Freddie production rising 17.7 percent. In other words, had TRID not caused a December bump in GSE business, January could have looked better than it did.

The White House still wants to kill Fannie and Freddie, but in the meantime it benefits from the their healthy revenue streams...

The loans backing the bond will be originated by nonbanks Ditech Financial and loanDepot.

In its new annual budget, the White House declares that the FHA mutual mortgage insurance fund is vulnerable to “Black Swans...”

Other parts of the nation with the caution light on include Florida and Texas…

TRID has become such a serious problem that some lenders are starting the education process early with new loan officers.

In the fourth quarter, 20.3 percent of refi loans sold to the GSEs were in the low-score category, the highest level for the year.

In November, Judge Sweeney denied Fannie Mae’s motion to quash or invalidate a subpoena issued by the plaintiff’s counsel…