The supply of home mortgage debt outstanding increased by 0.5 percent during the third quarter of 2015, following a similar modest gain during the previous period. A total of $9.952 trillion of single-family mortgage debt was outstanding at the end of September, according to a Federal Reserve report released late last week. It represented a second consecutive quarterly increase, something the mortgage servicing market has struggled to accomplish during the long contraction that started back in 2008. Most of the increase came...[Includes one data table]

Subservicing shops increased their portfolios to $1.50 trillion during the third quarter, a 6.4 percent sequential gain, as mortgage originators continued to rely on such specialty vendors, according to exclusive survey figures compiled by Inside Mortgage Finance. Compared to a year ago, subservicing volume was up an impressive 28.2 percent. At Sept. 30, roughly 15.8 percent of all outstanding residential mortgages were being processed...[Includes one data table]

The CHLA is renewing its call for Treasury and the FHFA to amend the preferred stock purchase agreements once again, allowing the GSEs to build capital...

Make no mistake about it, Ally – whose financing roots can be traced to General Motors – has no visions of grandeur in residential finance.

Fannie and Freddie have securitized roughly 80.8 percent of conventional-conforming mortgages over the first nine months of the year.

Private rights of action are not covered by the CFPB good faith language on TRID...

In the past, the duty to serve rule has received a great deal of attention from manufactured housing executives who argue the GSEs are not purchasing enough of their loans.

Through the first nine months of the year, PennyMac originated $36.92 billion of residential mortgages, an impressive 74.9 percent gain from the same period a year earlier.

Compass Point predicts the measure now has a 40 percent to 60 percent chance of passage under the omnibus spending bill.

A growing number of loans are being dropped from commercial MBS deals before they reach securitization, according to Fitch Ratings. While most of the loans dropped had lower balances, under $20 million, the rating service is concerned that the unusually large amount of loan drops over the last 12 months could point to a lack of due diligence by lenders prior to sending the initial loan information to rating agencies or B-piece buyers. For example, in 28 Fitch-rated deals for the 12-month period ending June 30, 2015, about 1,000 loans were dropped, the rating service said. That number represented 30 percent of the final transaction amount. “There is...