Mortgage brokers accounted for 10.9 percent of single-family mortgages securitized by Fannie Mae and Freddie Mac during the first nine months of 2014, but they achieved far deeper market shares in California and a handful of other states. Brokers originated 21.3 percent of Golden State mortgages during the first nine months of the year, their biggest footprint in any state, according to an exclusive Inside The GSEs analysis of loan-level data ... [Includes one data chart]

The Congressional Budget Office in December opened a new approach to GSE reform that could become a middle ground between GOP hardliners who want to entomb Fannie Mae and Freddie Mac and lawmakers who want to keep some form of the current system. One way to reduce the GSEs’ footprint in the mortgage market would be to auction a limited supply of Fannie and Freddie mortgage-backed securities guarantees to the highest bidders, the CBO suggested ...

FIG Partners will now buy or sell performing and non-performing residential mortgages and much more.

The 2013 GSE book of business is getting a lot more attention from Fannie Mae and Freddie Mac.

A spokesman for Royce recently told IMFnews that the Congressman will look “to get something through the 114th Congress to put a stop to this…”

The market heated up significantly in 2013 with $152.22 billion of Ginnie MSRs being transferred.

PennyMac Commercial will focus on mortgages of under $10 million.

“We tend to look at most everything if it is mainly performing and is 2010 or later vintage agency product," said Pingora CEO Michael Lau.

We continue to hear reports about a new player in the warehouse lending space that is offering attractive borrowing rates that appear too good to be true.

The new jumbo MBS from Five Oaks includes representations and warranties that do not sunset.