Legislation unveiled by Rep. Jeb Hensarling, R-TX, would allow for a higher high-cost loan limit than legislation he proposed in 2011.

MBA president Dave Stevens is concerned that events could soon overtake policy makers and force an “imperfect solution” to Fannie Mae and Freddie Mac.

Citigroup is becoming more aggressive in residential lending, especially in the jumbo space.

Fannie Mae and Freddie Mac both saw production slow during the second quarter, by 7 percent and 2 percent, respectively.

Wells Fargo and JPM posted strong mortgage results for the second quarter. But what lies ahead for the industry?

The issue of whether mortgage loan officers should be eligible for overtime pay has long been a bone of contention between companies and LOs.

The Senate Banking Committee is expected to advance Rep. Watt’s nomination to the Senate floor, strictly along party lines.

Hedge funds continue to salivate over mortgage servicing rights. Meanwhile, the Hensarling GSE bill goes down like a Led Zeppelin.

The two GSEs securitized $56 billion of home loans that included private MI coverage during the second quarter, a 12 percent jump from 1Q.

The changes also clarify which mortgages will be considered for purposes of determining “small servicer” status.