MGIC's stock is trading near a 52-week high of $8.82 a share. The company, like the rest of the sector, is anxiously waiting on new capital-to-risk standards from FHFA.

This time around, Congress is considering tapping Fannie/Freddie g-fees as lawmakers look toward an extension of unemployment benefits, which expired on December 31.

“Transactions submitted with consumer-paid compensation more than 50 bps below [the] broker’s lender-paid tier will be rejected permanently and will not be eligible for re-submission,” Fifth Third Bank is warning.

In a letter sent to new agency Director Mel Watt, GOP Congressmen Scott Garrett, Randy Neugebauer and John Campbell note that the 10 basis point increase proposed by Watt’s predecessor is not the only fee adjustment up for grabs.

When it comes to doing business with Fannie Mae, Wells Fargo's volume is almost three-times that of its closest competitor, Chase Home Finance, IMF found.

One big way “that we think would help resolve some of that [QM] anxiety is [having] a right to cure,” said Pete Mills of MBA.

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.

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.

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.