Two months after it was revealed that Fannie Mae would provide $1 billion in financing to single-family rental operator Invitation Homes, certain factions of the mortgage industry are starting to yell “charter creep.” Moreover, the National Association of Realtors and other trade groups are complaining that perhaps Fannie is spending too much of its limited resources helping Wall Street – the Blackstone Group grubstaked Invitation Homes initially – and not enough to help the first-time homebuyer. “What’s...

The CSP project comes with a cost: roughly $454 million has been spent so far...

It appears that depositories are growing their portfolios by adding jumbo mortgages along with loans eligible for sale to Fannie Mae and Freddie Mac…

Among the top 10 originators in 2016, Reverse Mortgage Solutions posted the largest annual decline at 64.5 percent. RMS is owned by Walter Investment…

Calabria joined the Trump administration from the conservative Cato Institute and is no fan of the GSEs...

Don’t look now but the yield on the benchmark 10-year Treasury is now down to 2.40 percent. And just in time for the spring home buying season…

Roughly $72.09 billion of jumbo mortgages were originated in the fourth quarter, down 3.4 percent on a sequential basis.

The nation’s three largest residential subservicing firms are: Cenlar, Dovenmuehle and Loan Care. All are nonbanks.

MBA noted that including all business lines, 73 percent of the mortgage companies posted pre-tax profits for the fourth quarter, down from 94 percent in 3Q16…

Some 14 percent of respondents said they might begin making non-qualified mortgages over the coming months.