Wall Street believes that housing/GSE reform legislation should provide for the creation of a single agency MBS.

There are signs that residential lenders are willing to accept slightly more credit risk, said one mortgage vendor.

Wells Fargo, JPMorgan Chase and Flagstar are all working on large servicing deals, but as sellers. Meanwhile, HUD is worried about lower GSE loan limits.

Large parts of the Bay Area and Southern California qualify for the top high-cost limit, while other California markets such as San Diego ($546,250) and Sacramento ($474,950) have intermediate high-cost limits.

CFPB director Richard Cordray could be softening somewhat in response to the mortgage industry’s plea for regulatory enforcement relief when the new rules take effect in January.

Banking regulators are showing new concerns about appraisal management companies, especially those owned by depositories.

Five Oaks Investment, a publicly traded REIT, plans to acquire mortgages from jumbo lenders on a flow and bulk basis.

The letter to members of Congress is notable for which trade groups didn't sign on, including the American Bankers Association and Mortgage Bankers Association.

Loan standards are not loosening on conventional mortgages, but in the jumbo space the story is entirely different.

Will private mortgage insurance firms continue to steal market share from the FHA? It certainly looks that way.