The nomination had been expected for several weeks now and paves the way – quite possibly –for limitations on GSE pilot programs, loan parameters and secondary market liquidity.

NAMB is giving away free software...

James Fenkner says Calabria will be “constrained in his mission to dissolve Fannie and Freddie.”

However, retail remains king of the jumbo sector…

Gordon Albrecht of FCI said he’s not surprised the subservicing sector is doing well “because of all the states that keep adding regulations.”

The MBA chief also makes it blatantly clear that he is no fan of any “recap and release” proposals for the government-sponsored enterprises either...

The warehouse lending sector has experienced a noticeable decline in profit margins…

Fannie and Freddie addressed that problem by beginning to structure CAS and STACR transactions as real estate mortgage investment conduits – which REITs can buy more freely.

At Sept. 30, banks and thrifts serviced $3.627 trillion of residential mortgages for others…

Freddie Mac issues a checklist, the IG at the FHFA concludes an investigation and brokers thrive in California. [Includes one data chart.]