Several members that recently bolted from the American Securitization Forum are forming a new trade group.

On Tuesday the Senate Banking Committee will hold a vote on the nomination of Richard Cordray to head the CFPB. Does this mean the GOP is warming up to him or is something else afoot?

Improving loan quality is sparking a major shake-out in the due diligence sector. Can jumbo production and MBS save the day? Meanwhile, the supply of MBS expanded slightly in the fourth quarter.

Not only was the jumbo market on a roll last year but the GSEs were major players, according to new figures compiled by Inside Mortgage Finance.

Among other things, the bill removes from the calculation of fees and points Fannie Mae and Freddie Mac loan level price adjustments.

Proposed legislation would ban the use of guaranty-fees to pay for non-housing federal expenditures.

A top production executive from CitiMortgage has departed the megabank for the pastures of Texas and Nationstar Mortgage.

Freddie Mac is still owed $1.2 billion from Lehman Brothers, which went bust five years ago. Also, Wells Fargo sells NPLs to Citigroup.

Redwood Trust is coming to the jumbo well once again. Its new MBS is roughly $577 million in size.

Activity in the jumbo MBS market is hopping.Shellpoint Partners is targeting mid-year for its first deal.