Ginnie Mae issuers may buy out mortgage loans that are due but unpaid for four consecutive installments even if the borrower has made partial payments.

Analysts at Bank of America Merrill Lynch and elsewhere cite evidence of a “creeping goal line” to move back by 12 months the June 1, 2009, cut-off date for HARP eligibility.

Reps. Shelley Moore Capito, R-WV and Sean Duffy, R-WI, respectively chairman and vice chairman of the subcommittee, had not viewed the CFPB’s analysis on QM.

Sen. Warner recently paid a visit to Freddie Mac employees but offered little information about his pending GSE bill.

Fannie and Freddie were ordered by their regulator to sell illiquid securities. But those bonds may fetch a nice price in the secondary market.

Are Fannie Mae and Freddie mac sitting on huge untapped profits?

Many smaller mortgage lenders are looking for alternatives to selling loans to large national aggregators like Wells Fargo.

Wells Fargo and HSBC are stepping up sales of nonperforming mortgages, while keeping a lid on the details.

MBS issuers, under a new proposal, will have greater leeway in buying delinquent mortgages out of Ginnie Mae pools.

New York State may be among the worst in the nation when it comes to approving loan officer applications.