Fannie Research Shows House Price Decline for Some Oil States: The prospect of an oil bust draws comparisons to the housing slump of the 1980s in Fannie Mae’s  research released Aug. 28. While most Americans enjoyed lower gasoline prices over that period, severe employment losses occurred within the oil industry, and many oil-producing states experienced general economic slowdowns and declining house prices. North Dakota, Wyoming and Alaska are most at risk.     …

Fun fact: it was the highest mortgage-related income posted by the banking industry since the second quarter of 2013.

Only one servicer among the top 15 – Caliber Home Loans – avoided a decrease in subprime MSRs...

If Fannie Mae's origination forecast comes true, just $615 billion in loans will be written from July 1 to Dec. 31, an ugly outlook indeed…

Among the top 10 companies in the complaint database, two mortgage servicers showed improved performance: Ocwen and Nationstar.

A quick check of rates this morning found that firms such as Sebonic and Aurora Financial were offering 30-year fixed-rate loans at 3.75 percent with no points.

The results are based on 354 lenders that submitted production data to the trade group.

HomeReady will become part of DU later this year and replaces the MyCommunityMortgage product, which in some circles was known as Fannie’s “subprime” option.

A former FHA commissioner, Stevens said GSE reform should include a new charter for Fannie Mae and Freddie Mac...

Freddie’s multifamily business grew so much that some industry observers worried that the GSE could reach the $30 billion annual multifamily business cap set by the FHFA.