The Mortgage Bankers Association continues to trim its production forecast for 2014 as the year progresses. Still, some lenders are hopeful and most of them are nonbanks.

The negative results on residential production mean more lenders are relying on servicing rights to carry them through the tough times.

The jumbo MBS market has been extremely weak this year, but a change may be afoot.

So, what’s the biggest impediment to mortgage volumes taking off this spring? According to a new poll from Inside Mortgage Finance, it’s a lack of housing inventory.

Donovan is leaving HUD at a time when housing and mortgage industry advocates are pushing for reductions in FHA premiums.

The Consumer Financial Protection Bureau is on the lookout for lenders that facilitate occupancy fraud as a way to avoid the agency's ability-to-repay rule.

Meanwhile, industry sources said Select Portfolio Servicing is working on a large MSR acquisition, which could transfer shortly.

There is a tradeoff between taking on more higher-risk loans and raising g-fee prices, FHFA official Bob Ryan noted, and the calculation has to take into account other players in the market, such as the FHA.

Sources contend that three other top executives also have left Nationstar Mortgage. At press time, Nationstar’s media department had not returned telephone calls and emails on the matter.

Neither Fannie Mae nor Freddie Mac is changing its quality-control review policies for now.