Spector will report to Kurland, who founded the PennyMac family of companies in 2008, two years after being forced out of Countrywide Financial Corp.

The FHA commissioner in the Trump White House will have final say on the key issue of adjusting FHA premiums and loan sizes, and likely would have input on GSE reform.

Financiers hope the new AA will increase liquidity for nonbanks that play in the Ginnie market…

However, some nonbank executives feel that with originations expected to decline in 2017, it may time to cut back on compensation paid to LOs.

PHH, the nation’s eighth largest originator, has offered no guidance on when it might file, except to say, “We will file no later than that date [Dec. 22].”

No 2016 volume figures were available on SoFi, though last year the privately held nonbank funded $372.2 million, according to one presale report.

Freddie Mac believes that refis will decline by 53.0 percent from 2016 to 2017…

JPMorgan Chase readies its fifth jumbo MBS deal of the year...

Then, if the heads of the executive agencies didn’t comply, President Trump could fire them.

Some of the debt-to-income ratios in the new SoFi MBS are below 20 percent.