Concerns about red tape from lenders have prompted an increasing share of homebuyers to use all cash to purchase a home, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. Some 29.3 percent of home purchases completed in November relied solely on cash, based on a three-month moving average. That was the third monthly increase in the share of cash transactions. Tom Popik, research director of Campbell Surveys, said...

FHA officials first asked for the servicing authority back in June, but the request has gone nowhere. Fannie Mae and Freddie Mac already have transfer authority.

It may sound complicated, but it appears that Nationstar is selling a portion of its MSR fee on certain rights so it can deleverage and buy even more servicing.

Meanwhile, mortgage insurers are concerned that the new LLPA grid from Fannie and Freddie will throw cold water on their market share gains.

The drop in warehouse commitments mirrored, somewhat, the fall-off in residential originations, which declined almost 19 percent in the third quarter, according to figures compiled by Inside Mortgage Finance.

The rating service this week placed the primary servicer rating of EverBank Mortgage on “watch” for a potential downgrade due to changes to the servicer’s platform.

Do mortgage insurance firms need to be "officially" regulated by the federal government?

As a technical matter, Edward DeMarco still heads FHFA and the agency is once again testing the waters for lower Fannie Mae/Freddie Mac loan limits.

The Mortgage Bankers Association and other trade groups are hopping mad at FHFA's latest December surprise: higher LLPAs.

Ed DeMarco of FHFA pulls a 'Beyonce' with the higher LLPAs. Meanwhile, we're hearing that Met Watt may be sworn in by early January.