China still ranked second in agency MBS investment, but Japan’s larger portfolio of non-agency MBS and ABS boosted it to second place overall.

No reason was given by Walter Investment for the resignation.

The FHFA has been gathering feedback on front-end transactions and will take that into account when considering the structure of future CRTs…

The mortgages backing the new nonprime MBS from Shelter Growth have a weighted-average interest rate of 6.11 percent.

But isn’t the job of a conservator to preserve assets? If CRT deals are bad financially for Fannie and Freddie, isn’t it time to pull the plug on them?...

However, on Wednesday, five members of the Senate Banking Committee wrote to FHFA Director Mel Watt, warning him against taking any administrative action that might alter the dividend payment.

Despite the huge losses posted by PHH, James Egan, chairman of the board, said Messina “has led PHH with vision, decisiveness and integrity through one of the most turbulent periods in the mortgage industry in decades...”

The top 100 lenders produced a hefty $1.622 trillion in first-lien mortgages last year, including their correspondent and wholesale-broker programs…

The GSEs have developed proposals to more closely align their mortgage insurance master policies with their reps-and-warranties policies, which will be reviewed by the FHFA this year.

But the issue is hardly settled. Ron Haynie, senior vice president of mortgage policy at the ICBA, told Inside Mortgage Finance that he expects a change in the dividend payment this year.