Most of the refinancings facilitated by Fannie and Freddie are cash-out deals…

Former MBA Chief Dave Stevens on the higher conforming loan limits: “For an industry led mostly by conservatives, this dependence on a socialized financial system is really ironic.”

HERA allows exceptions for the maximum conforming loan limits for “high cost areas.”

In 2017, MLO license growth was strong at 8.9 percent annualized, but not this year…

Caliber’s loans are generally underwritten to a full documentation standard for income, assets and employment.

Stakeholders don’t anticipate the FHFA, with a new director nominated by President Trump, to move immediately to reduce the current benchmark loan limit...

Through the first nine months of the year, mortgage banking income was up 20.9 percent from the same period in 2017.

Cowen believes Mnuchin will survive the turbulence but notes the situation still poses a risk to Fannie Mae, Freddie Mac and the big banks…

The implication is that banks – which seems to have excess capacity on their balance sheets – could simply hold conventional loans in portfolio…

A huge chunk of the fall-off in Fannie/Freddie MBS holdings occurred at Wells Fargo, which reduced its investment in these securities by $7.31 billion.