Wells Fargo last year wound up keeping almost $20 billion of new residential production its books instead of selling the loans to Fannie Mare and Freddie Mac.

FHA staff could be furloughed if the federal sequester happens Thursday night.

Wells Fargo has not given up on mortgage lending JVs after all and has hired someone to manage them.

Freddie Mac hit an earnings home run in the fourth quarter, a sign that the GSE is "back." Fannie Mae may report early next week.

The Federal Reserve is open to the idea of making the "qualified residential mortgage" definition in the pending risk-retention rule the same as that of the "qualified mortgage" standard.

Residential fundings are starting to slow as refinancings wane, according to interviews conducted by Inside Mortgage Finance.

Heavy refinance activity, especially through Fannie Mae and Freddie Mac, boosted the conventional conforming market by a whopping 35 percent in 2012.

The "Qualified Mortgage" rule will survive any legal testing of the authority of CFPB chief Richard Cordray.

Wells Fargo says it is committed to its remaining joint venture lending partners but isn't giving out any names on the JVs.

According to a new analysis by Inside MBS & ABS, REIT MBS investors as a group increased their MBS holdings by 47.4 percent in 2012.