The HUD auction has two parts: A national offering of roughly 23,200 loans and a Neighborhood Stabilization Outcomes Pool of 4,800 notes.

As reported by IMFnews, the FHFA has yet to appoint a permanent chief executive and chairman for the CSP, formally known as Common Securitization Solutions.

It appears that CashCall is getting closer to finalizing a deal to sell some of its production assets to the publicly traded Stonegate Mortgage.

The negative results on residential production mean more lenders are relying on servicing rights to carry them through the tough times.

There is a tradeoff between taking on more higher-risk loans and raising g-fee prices, FHFA official Bob Ryan noted, and the calculation has to take into account other players in the market, such as the FHA.

Meanwhile, industry sources said Select Portfolio Servicing is working on a large MSR acquisition, which could transfer shortly.

The jumbo MBS market has been extremely weak this year, but a change may be afoot.

So, what’s the biggest impediment to mortgage volumes taking off this spring? According to a new poll from Inside Mortgage Finance, it’s a lack of housing inventory.

S&P rated seven of the 11 non-agency MBS issued in the first three months of 2014, or 78 percent based on dollar volume, according to Inside MBS & ABS.

Fannie Mae and Freddie Mac will ramp up their risk-sharing transactions significantly in 2014, and may see a somewhat expanded share of MBS issuance, under a new conservatorship plan announced this week by the Federal Housing Finance Agency. The revised “scorecard” also tweaks the project to develop a common securitization platform. The FHFA said it wants each of the two government-sponsored enterprises to structure transactions that transfer some portion of the credit risk on $90 billion of residential MBS this year, three times the level they were directed to reach last year. Both companies appear to be well on the way to meeting this requirement. Freddie late last month announced...