The tapering of the Federal Reserve’s quantitative easing beginning this month will do little to end the advantages agency MBS have over new jumbo MBS.

Mel Watt has quickly endeared himself to lenders, home builders and Realtors by delaying (scrapping?) Ed DeMarco's g-fee hike. As for Mr. DeMarco...

New FHFA Director Mel Watt is expected to shakeup some of the senior staff at the Federal Housing Finance Agency.

Senate Banking Committee Chairman Tim Johnson, D-SD, and Ranking Member Mike Crapo, R-ID, are drafting their own housing finance reform/GSE bill that likely will be superimposed over the Corker-Warner measure.

The sale was disclosed in a new SEC filing. The MSRs are backed by $10.8 billion of Ginnie Mae product.

One mortgage executive had this to say about the W.J. Bradley case: “This is fascinating for the implications of whether the LO or the company owns the customer. As you know, LOs have their little black books (or thumb drives) of all their customers and their information."

Through the first nine months of 2013, an estimated 22 percent of the $1.59 trillion in mortgages originated (including second liens) had non-agency execution.

The former House Democrat has already halted – for now – certain DeMarco-era directives, including the FHFA’s December announcement of a 10-basis point guaranty fee increase.

While activity plummeted in the second half of the year, jumbo MBS production in 2013 was nearly four times the level from the previous year.

MountainView and The Prestwick Mortgage Group are out in the market with new deals for mortgage servicing rights. The new year should prove to busy for MSR sales.