Sens. Bob Corker, R-TN, and Mark Warner, D-VA, say their mortgage reform measure strikes the right chord between Democrat and Republican concerns.

Nationstar Mortgage is issuing $250 million of debt, hinting that it may buy more MSRs from Bank of America.

The MBA believes that the Treasury Department – despite being the GSEs’ single biggest shareholder – has been absent on Fannie/Freddie reform since early 2011.

In 2012 single-family g-fees allowed Fannie Mae and Freddie Mac to collect $12.5 billion from its seller/servicers.

Accenture is making major inroads in the residential finance space with its purchase of Mortgage Cadence. Meanwhile, Fannie says market could move toward ARMs.

Mortgage firms issued $4.34 billion of non-agency jumbo MBS in the second quarter of 2013, with deals from five issuers, both quarterly highs in the new non-agency era.

Some Ginnie Mae investors, however, have voiced concern about the MBS conversion process, particularly its costs.

Warehouse lenders hold the key to liquidity in the non-prime and private money sectors.

Legislation unveiled by Rep. Jeb Hensarling, R-TX, would allow for a higher high-cost loan limit than legislation he proposed in 2011.

MBA president Dave Stevens is concerned that events could soon overtake policy makers and force an “imperfect solution” to Fannie Mae and Freddie Mac.