The FHA said it is working to define a “qualified mortgage” standard that meets the QM criteria under the Dodd-Frank Act, which takes higher priced mortgages into account.

As of Wednesday morning, a GSE shareholder petition accessible through the White House website had 874 of the 100,000 signatures required by July 1.

Ellington Management under new mortgage chief Steve Abreu may go on a purchase tear, rolling up companies.

Wells Fargo was the top-ranked non-agency jumbo lender in the first quarter with $9.67 billion, nearly double the next closest lender.

Cole Taylor Mortgage is getting serious about the servicing business. It purchased a portfolio from Liberty Savings and plans to start its own in-house platform.

There is at least one curiosity in the GSE draft bill: any individual who ever served as a director of the Federal Housing Finance Agency is prohibited from serving as a board member on the new Federal Mortgage Insurance Corp.

The Inspector General of the Federal Reserve has initiated an evaluation of the CFPB’s integration of enforcement attorneys into its examinations of banks and nonbanks.

Conix Inc. is in the market with an MBS backed by nonperforming mortgages. Could other deals be far behind?

We continue to hear reports that certain commercial banks are discouraging their residential loan officers to take the state test and get licensed.

Speculators have been gobbling up GSE junior preferred and common, hoping for a payout down the road tied to either the resumption of dividends or money that might come from a recovery fund.