Credit Suisse issued two more series of notes this week on its mortgage-lending warehouse securitization offering, according to Moody’s Investors Service. The $1.20 billion in total new issuance from the Wall Street firm followed two notes it issued in August totaling $800 million. As with the August issuance, the new Mortgage Repurchase Agreement Financing Trust, Series 2016-3 and Series 2016-4, received A2 ratings from Moody’s. All of the deals were underwritten by Credit Suisse and HSBC Securities. The transactions are backed...

In case you didn’t know it, the Irvine, CA-based Citadel now services roughly $650 million in nonprime loans. Angel Oak and Deephaven use subservicers…

FHA endorsements rose 16.6 percent from the second quarter and VA loan guaranty production increased 20.3 percent…

CEO Debra Still of Pulte Mortgage blamed low usage on the fact that Fannie and Freddie use different terminology and eligibility criteria for things like area median income.

PHH officials say the company has improved its servicing operations in recent years and agreed to the consent order “to avoid the distraction and expense of litigation.”

Another candidate for the HUD job is believed to be Pam Patenaude, president of the J. Ronald Terwilliger Foundation for Housing America’s Families.

What might Donald Trump do with the quarterly earnings of Fannie and Freddie? Think about it…

Compass Point has concerns whether Walter's servicing business (Ditech) can return to profitability…

Walter also agreed to sell $5 billion in servicing rights to New Residential Mortgage LLC.

Don’t expect any rapid changes to the charters of Fannie Mae and Freddie Mac. After all, GSE reform is hard. At least that’s the message of some market watchers.