As far as pricing goes, if g-fees are raised Fannie and Freddie could earn more money – cash that ultimately would wind up at the Treasury Department, which sweeps most of their earnings each quarter.

Sen. Dan Coats, R-IN, has introduced the Community Financial Protection Act, legislation to provide smaller financial institutions such as community banks and credit unions with some regulatory relief from financial regulations enacted after the 2008 financial crisis that many complain are crippling their businesses. The Coats bill would modify the way in which the CFPB requests information from financial institutions with less than $10 billion in assets. Under the Coats proposal, the CFPB must use publicly available information or seek the requested information from existing banking regulators. Specifically, the Community Financial Protection Act would stipulate that the CFPB must use current and existing publicly available information and data prior to requesting any information from the prudential regulator. Also, if the...

Jumbo MBS issuers typically acquire their loans from a variety of sources. However, only three lenders contributed mortgages to each of the four jumbo MBS issued during the first quarter: Guaranteed Rate, PrimeLending and RPM Mortgage.

Mortgage lenders reported $8.2 billion of new forward FHA loans for February, down from $11.4 billion for January and $19.5 billion from a year ago.

FHFA notes that the legislation “requires a great deal of regulatory coordination but primarily places this responsibility on FMIC.”

The CFPB and the Federal Housing Finance Agency apparently are mailing $5 bills as “a small token of appreciation” to new homeowners to encourage them to participate in a survey associated with the agencies’ joint project to develop a national mortgage database, Inside the CFPB has learned. “I am writing to ask for your help with an important national survey of consumers about their mortgage loan experiences,” says a joint sample letter prepared with CFPB letterhead, with room for a signature for a representative from both agencies. “I understand that in the last 12 months you obtained a mortgage for your home (or a residence that is rented or otherwise occupied by others). Your recent experience is very important to...

Who gave up market share to nonbank lenders? The biggest decline was among banks with over $1 trillion in assets: JPMorgan Chase, Wells Fargo, Bank of America and Citigroup.

Commercial mortgage securitization – including non-agency commercial MBS and multifamily securitizations by Fannie Mae, Freddie Mac and Ginnie Mae – declined by 22.1 percent in the first quarter of 2014.

A total of $32.6 billion of income-property mortgages were securitized during the first three months of 2014, a soft beginning for a market that posted its best year since the financial collapse during 2013. Commercial mortgage securitization – including non-agency commercial MBS and multifamily securitizations by Fannie Mae, Freddie Mac and Ginnie Mae – declined by 22.1 percent in the first quarter of 2014. Total issuance was off 30.4 percent from the same period last year. Both agency and non-agency issuance was...[Includes two data charts]

Government-sponsored enterprises Fannie Mae and Freddie Mac are off to a solid start to the year in terms of their multifamily business in what is expected to be a more competitive year in 2014 than the market saw last year. Whether they can match last year’s levels is an open question. Fannie issued...[Includes one data chart]