The mortgage insurance industry lost a key political ally with the reelection defeat of first-term Democratic incumbent Sen. Kay Hagan of North Carolina.

Some 60.7 percent of the mortgages in the deal have interest-only features.

Whatever might be in the works at the FHFA regarding looser credit won’t be out until mid-December, we’re told…

The FHFA has decided not to have a chairman for Common Securitization Solutions. Instead, the unit will be governed by a four-person "board of managers."

The biggest chunk of GSE business comes from mortgages with high credit scores and LTV ratios below 80 percent.

BB&T posted $80 million of mortgage banking net income in the third quarter, up sharply from a negative $21 million suffered in the previous quarter.

Seu pointed to the steady “brain drain” of talent from Fannie Mae and Freddie Mac...

A recent research note from Sterne Agee predicts higher operating costs for Ocwen because of its ongoing regulatory disputes with the New York Department of Financial Services.

What? Are piggy-back mortgages making a comeback?

The Federal Reserve’s quantitative easing tapering will put a dent in Fannie Mae and Freddie Mac guaranty fee revenues, according to the Federal Housing Finance Agency’s Inspector General. The evaluation report issued by the IG last week concluded that as the central bank pulls back from the mortgage-backed securities market, interest rates will drift higher and the GSEs will do less business, meaning declining g-fee revenue.