Wells SVP John Shrewsberry: “In first mortgage, I would say, we should outperform whatever the market is delivering…”

More conventional loans that fit under the GSE loan limits for high-cost markets are ending up in non-agency mortgage-backed securities…

Brooks was vice chairman of OneWest Bank, a depository once owned by current Treasury Secretary Steven Mnuchin.

The central bank could lose its kingpin status if commercial banks continue buying…

Jumbo production by correspondent lenders increased by 63.7 percent on a sequential basis…

On Nov. 1, Fannie Mae will begin accepting applications for its new high loan-to-value ratio refinance product.

The IG says four officials in the FHFA’s Division of Conservatorship told investigators that Fannie did not face an “action forcing” event…

In late July, Director Watt issued a statement saying he had not “done anything contrary to law.”

The CFPB should drop the current debt-to-income ratio cap and the so-called GSE patch from the qualified-mortgage definition, the Urban Institute recommends. The CFPB is required by statute to review the ability-to-repay rule, which includes the QM definition, and issue a final report on its findings by Jan. 10, 2019. One of the most important elements of the review could be the fate of the “GSE patch,” which is set to expire in January 2021, or on the day ...

The refi surge may be attributable to more cash-out transactions.