Thornberry first joined Radian in February 2017. The MI ranks second in insurance-in-force and new insurance written...

The decision, hinted at in numerous (recent) press briefings by FHFA Director Mark Calabria, is not expected delay to companies’ exit from conservatorship.

Guild Mortgage, the nation’s 20^th largest home lender (according to a ranking by Inside Mortgage Finance), is on track to originate a record $20 billion this year…

Fannie seems to be blaming the FHFA for the departure of former CEO Tim Mayopoulos. The mortgage giant also warns: “If there were several high-level departures at approximately the same time, our ability to conduct our business would likely be materially adversely affected…”

However, the lender is considering reopening next year, potentially in another state. Massachusetts, New Hampshire, and Rhode Island are potential options...

The Department of Justice declared: “A separation of powers problem with an agency does not compel invalidation of the agency’s actions if those actions are subsequently approved in compliance with separation of powers requirements.”

The Fannie Mae/Freddie Mac loans backing the MSRs are top-heavy in Texas collateral at 46.8% of the total.

The Treasury Department argued producing the documents would be “unduly burdensome” and “disproportionate to the needs of the case.”

Professionals familiar with the product say investment-property loans underwritten using debt service coverage ratios are easier to underwrite than mortgages made to self-employed borrowers using bank statements...