Non-agency MBS sponsors will be allowed to retain the risk portion on vertical or horizontal tranches of the security or a combination of the two.

Servicing brokers expect a land rush of servicing deals before yearend.

In defining misrepresentations, FHFA will set a minimum number of loans that must be identified with one of the six trigger elements.

What does IBM have to do with the mortgage business? Actually quite a bit, IBM is one of Fannie Mae’s largest technology vendors...

This could mean lenders would require borrowers to lock interest rates only during business hours or even early in the day.

Buyers of “bulk” Ginnie mortgage servicing rights will have to meet the test by January 2015.

Charbonneau, Klein and other advisors report that mortgage M&A activity is the strongest it has been in years.

It’s not clear whether the rest of the industry will push the third-quarter origination results higher.

The Inspector General of the Federal Housing Finance Agency is among a growing list of official government watchdog agencies authorized to employ armed investigators when ferreting out waste, fraud and abuse, according to a recent report. The report issued by the Congressional Research Service listed some three dozen IGs that possess law enforcement authority, which legally empowers them to make arrests, seek warrants and carry firearms.

Bill Dallas, who runs Skyline Lending, told us he believes the “new” non-agency movement is beginning right now. “Today, we‘re doing 90 percent agency,” he said. “In 2017 the ratio will be 60 percent agency.”