Between 2008 and early 2011, unsecured credit extensions by FHLBs to European institutions swelled from $66 billion to $123 billion.

The NAIHP is concerned that "responsible consumers" may have been "intentionally" knocked out of the QM box.”

Portfolio recapture, wholesale, and builder channels accounted for almost 79 percent of its fundings in 2Q.

The market for residential servicing rights continues to gain momentum with two new offerings from The Prestwick Mortgage Group.

Mortgage brokerage firms added new workers in June but at a very slow pace, a sign that the origination market is slowing.

Ocwen is looking at $400 billion of MSR deals, at least. Meanwhile, a lager wholesale may exit, and no, it's not EverBank.

Most of the apartment loans being securitized go through Fannie Mae and Freddie Mac programs.

The guidelines follow the Senate’s passage last week of the Reverse Mortgage Stabilization Act of 2013.

According to an IRS private-letter ruling, certain excess servicing rights would constitute a real-estate asset, and income from the spread would be treated as interest on obligations secured by mortgages on real property.

The Senate opted to leave town this week for its five-week August recess without calling a vote on President Obama’s nominee to head the Federal Housing Finance Agency. Two weeks ago, Rep. Mel Watt’s nomination cleared the Senate Banking, Housing and Urban Affairs Committee along a straight party-line vote, with some key Republicans vowing to block the North Carolina Democrat’s confirmation. Until the mid-week announcement by Senate Majority Leader Harry Reid, D-NV, that Watt’s nomination would not be taken up for debate before Congress returns from its recess on September 9, Capitol Hill watchers were wary of another potential nomination showdown between Dems and the GOP.