Officials close to the matter said the MI policy briefing was cancelled due to Senate approval of a new permanent director to the agency, Mel Watt, a former North Carolina Congressman.

Senior lawmakers in the Senate said they remain “bullish” on moving legislation to the floor sooner rather than later in 2014.

Mortgage debt outstanding is on the rise again after after five long years of winter. Should mortgage servicers pop the champagne?

Investors hunger for yield. And what better place to get it than in the new breed of subprime mortgages.

Industry trade groups feared a 10 basis point increase in the g-fee from a budget deal.

A new report from FHFA confirms what small mortgage firms have long known: they can't catch much of break when it comes to Fannie Mae and Freddie Mac guaranty fees.

Guaranty fees are going up next year, but with a new FHFA director set to take over, loan level price adjustments may be altered.

With the increase, the average g-fee for new loans will be in the range of 60 basis points. But there is some good news: FHFA said it would eliminate the up-front “adverse market” fee of 25 bps assessed on all but the four states “whose foreclosure carrying costs are more than two standard deviations greater than the national average.”

Banks maintain huge reserves of roughly $21.3 billion to cover residential loan repurchase requests, Inside Mortgage Trends discovered.

Mortgage banking income fell sharply in the third quarter and the compliance outlook remained murky, but banks reported a huge improvement in loan buybacks, according to a new Inside Mortgage Trends analysis of call-report data. Banks and thrifts repurchased or provided other indemnification totaling $1.998 billion during the third quarter, the lowest quarterly amount for the industry in five years. Banks first began reporting repurchase data in their call reports ... [Includes one data chart]