“Greater up-front harmonization of the GSEs’ policies and procedures is not only necessary, but fundamental to the success of the single-security initiative,” according to the Structured Finance Industry Group.

U.S. Mortgage Insurers is close to presenting proof of concept involving “deep cover” mortgage insurance to policymakers.

Although overall MBS volume was down, lenders delivered a healthy $115.16 billion of purchase-money mortgages to the GSEs during the third quarter.

Although the TRID bill passed by a huge margin and with bi-partisan support, President Obama is threatening a veto.

“The issues that have impeded the regulators’ ability to conduct electronic examinations must be rectified, and when resolved, will enable a more efficient and timely regulatory process,” said Karyn Tierney, chair of the MMC.

The new remedies framework includes more transparency about the factors a GSE will weigh in determining whether a defect is significant.

Meanwhile, PHH's partner, Realogy, this week said it intends to raise $1.15 billion through the sale of senior notes.

Fear and loathing over marketing service agreements heats up. Kickbacks?

Roughly 45 percent of FHA-insured, first-lien purchase mortgages had annual percentage rates in excess of the reporting threshold...

The former CFPB official said non-W-2 borrowers – like the self-employed, retirees and people with seasonal income – account for 30 to 40 percent of applicants for jumbo mortgages...