Well, at least the White House is thinking about it...

Fun fact: Close to 50% of mortgages in the deal received waivers from the GSEs for traditional appraisals.

Perl is looking to hire a chief financial officer...

The White House believes the appraisal situation is worsening...

A big chunk of the gain in auto ABS came at the top of the list.

Most of the downturn was in refinance activity, but GSE acquisitions of purchase-money mortgages also fell slightly last month.

The pipeline of unresolved buyback requests swelled to $876.0 million at the end of March, a 19.6% increase from the previous quarter.