Two Harbors is a member of the FHLB system via a captive insurance affiliate. The Federal Housing Finance Agency is contemplating snuffing out this avenue of membership...

Two Harbors, a REIT, has been aggregating, on average, $300 million of jumbo mortgages per month.

In its 8-K filing with the SEC, Ocwen revealed that during 2014, state regulators commenced 46 examinations “of one or more of our areas of operation…”

The nation’s largest nonbank servicer revealed that during 2014, state regulators commenced 46 examinations “of one or more of our areas of operation…”

Most importantly, the ATR proposal would exclude from that limit loans held in portfolio.

G-fees range from 50 to 55 basis points. Prior to the housing bust, some seller/servicers had g-fee payments as low as 12 basis points.

The Mortgage Choice Act was passed by the GOP-held House in June, but failed to move through the Democrat-controlled Senate.

FHFA chief Mel Watt noted: “In Treasury’s view, it’s a legislative decision” to change the terms of the bailout agreement.

Last year, the mortgage industry cautioned HUD against assessing a fee to fund certain risk management improvements in the FHA program.

Any monkeying with the GSE charters must get past two of the most powerful lobbying groups in all of housing finance...