Industry analysts didn’t have TRID to blame for the decline in home sales last year. Instead, NAR's Lawrence Yun said the decline was part of a seasonal trend.

A 'Santa Claus' mortgage application rally?

In an interview with IMFnews, John Hsu talked about Angel Oak’s $150 million subprime deal, noting that there is a “huge amount of support for this.”

The final rule from the FHFA also simplifies the standard for issuing suspension orders...

“It is likely that Fannie Mae could have survived the financial crisis without the intervention of the Treasury,” the authors argue.

The group’s combined production-related income fell a lot more than their actual origination volume, which was down 5.8 percent from the second quarter...

The new approach is expected to be a more cost-effective route than going through the repeated repurchase requests that have plagued lenders over the years.

A number of financial indicators and documents suggest that Fannie Mae was not in the dire straits reported to justify its takeover, according to a new white paper. Adam Spittler, GSE activist investor, along with Mike Ciklin, owner of a small law firm specializing in MBS, and G. Stevenson Smith, an accounting professor specializing in fraud, published a white paper saying they reviewed financial statements to better understand the viability of the GSE from 2007 to 2014.

Fannie Mae recently said that in 2016 it would announce details about its plans to let lenders pay a risk fee as an alternative to repurchase for some of the defective loans it receives. While both GSEs have already put some remedies for defects in place, this alternative lets the lender pay a fee for some loans labeled defective, instead of being asked to repurchase the loan. …

The Ginnie Mae share of total mortgage debt outstanding hit a record 15.2 percent at September 30, according to exclusive survey figures from Inside Mortgage Finance...