The remaining principal balance of securitized VA loans was $426.8 billion, up 5.1 percent from the prior quarter.

Some 35 percent of the U.S. population has a credit score below 650, said Matt Nichols, CEO of Deephaven Mortgage.

Discussing the new integrated disclosure rule known as TRID, Ishbia noted that loan brokers “adapted wonderfully and we are closing a lot of TRID loans.”

OCC chief Thomas Curry added: “It’s clear to me that these reserves need to rise to account for the increasing credit risk we are seeing in the system."

Among the top ten residential lenders, CitiMortgage and Bank of America had the weakest growth rate...

Agency multifamily MBS issuance dropped more steeply, by 19.7 percent, but that was from the record $30.91 billion issued during the second quarter of this year.

The privately held Citadel will continue to service the underlying loans.

There is one GSE issue that Democrats and Republicans see eye-to-eye on: capping the pay of CEOs working for Fannie Mae and Freddie Mac.

The Highway Trust Fund reauthorization includes language that would raise GSE guaranty fees in five years.

New securitizations backed by commercial mortgages declined during the third quarter of 2015, but the market at the nine-month mark has nearly matched total issuance for all of last year, according to a new Inside MBS & ABS analysis. Some $49.62 billion of income-property mortgages were securitized during the third quarter of 2015, down 15.8 percent from the second quarter. However, with $162.18 billion of commercial mortgage securities issuance through the first nine months of 2015, the market is poised to reach its highest annual volume since the financial crisis when the year ends. Both sides of the market – non-agency CMBS and agency multifamily MBS – saw...[Includes one data table]