Back in the first quarter of 2013, only 31.3 percent of Fannie/Freddie purchase mortgages had private mortgage insurance.

A source close to Horne confirmed the news and said he would be serving as an “executive advisor” to Wingspan, at least over the short term. But this source warned that the situation was "fluid."

Back in 2004, credit unions accounted for just 3.2 percent of total mortgage originations. Not anymore.

Ethos Lending, a QM and non-QM lender, is marketing itself to third-party loan officers as the “broker advocate."

In the past, when mortgage wholesalers cut fees it marked an attempt to increase production volume.

Bonds backed by nonperforming residential mortgages could reach $6 billion this year. But all of the deals are "private."

New York Law School professor Richard Epstein took issue with Judge Lamberth’s ruling that HERA doesn’t take away any “cognizable property rights.”

Is it that the FHFA doesn't want to take a stand on g-fees because it fears alienating the industry?

More clarity on the matter is expected later this month when Ginnie is set to release new guidance at the annual convention of the Mortgage Bankers Association.

There have been some reports – unconfirmed – that some Wall Street firms are considering extending “repo” lines to non-QM funders, but that hasn’t happened yet.