According to figures compiled by Inside Mortgage Finance, Flagstar is the nation’s second largest wholesale/broker lender. It also has a fairly large presence in the warehouse market.

Certain members of Congress want the Fair Isaac "lock" on GSE credit scores to be broken.

It’s likely that little in the way of money is changing hands on the deal. By selling the MSRs to Fannie, Citi is also settling the payment of “compensatory” fee claims the GSE is owed by the bank.

It may be time for the mortgage industry to take a chill-pill: applications are on the rise again, rates have stabilized and some firms are actually hiring loan officers.

The latest risk-sharing transaction from Fannie Mae references a $29.31 billion pool of mortgages.

Talk about red hot! Sales of Ginnie Mae mortgage servicing rights soared in fiscal 2013, Inside Mortgage Finance has learned.

The GSEs' largesse is gaining new attention in Washington with the news that the two helped the U.S. government post a budget surplus of $53 billion in December.

Waiting for a revival in jumbo MBS issuance is like waiting for Godot.

Meanwhile, Ginnie Mae securities posted a pocket-sized increase within the Federal Home Loan Bank system during the period ending Sept. 30, 2013.

We continue to hear reports that Walter Investment Management is talking to a fairly large nonbank about a possible acquisition.