Fourteen months after the White House signaled its intention to make Carol Galante the nation’s next housing commissioner, the Senate on Sunday afternoon finally confirmed her nomination.

The White House has placed former federal housing commissioner Nic Retsinas on its list of possible candidates to head the Federal Housing Finance Agency, industry officials familiar with the matter told Inside Mortgage Finance.

Add former GSE regulator James Lockhart to the growing chorus of industry officials who believe that using Fannie Mae and Freddie Mac to refinance underwater non-agency mortgages is a bad idea.

Remember the 4.4 million delinquent mortgagors who were done wrong by the nation’s mega-servicers and lost their homes to foreclosure? Remember how the Comptroller of the Currency launched a program in 2011 to let these mortgagors appeal? Well, apparently...

A $14 billion package of high-touch mortgage servicing rights owned by Bank of America has failed to trade, according to servicing advisors familiar with the transaction.

GSE MBS business hit a post-crisis record in 2012. A new Inside Mortgage Finance analysis of Fannie Mae and Freddie Mac securitization activity reveals that the two GSEs issued a whopping $1.27 trillion of single-family MBS in 2012.

Carrington Mortgage is contemplating the origination of non-agency mortgages to serve borrowers whose credit has been damaged during the Great Recession, company officials told Inside Mortgage Finance

Here’s a pop quiz: Which top-ranked lender saw its residential fundings fall by 58 percent during the first nine months of the year while the rest of the competition soared? Answer: Bank of America.

Forget (for now) the story about Bank of America scuttling the sale of $14 billion of high-touch mortgage servicing rights. Inside Mortgage Finance is hearing that over the past several weeks the megabank was looking to unload upwards of $300 billion in MSRs, or at least talking about it to select buyers. BofA, as we pointed out, doesn’t talk about its servicing sales, though it does acknowledge them (sometimes) in its earnings calls with analysts.…

Mortgage securitization rates remained at records levels through the third quarter of 2012, with 86.3 percent of primary market originations being financed as MBS according to a new analysis by Inside MBS & ABS.