The largest of the three pending MBS is a $381.3 million deal from Starwood Property Trust.

A 10 basis point hike in g-fees will not go over very well with the industry...

Moreover, the REIT has already inked deals to buy another $40.0 billion, transactions that are expected to close by March 31. 

Originally, there were 14 nonbank issuers that Ginnie was talking to but one was acquired by a competitor.

The FHFA is tweaking standards regarding minimum net worth and liquidity. The tangible net worth ratio is unchanged at 6% of total assets.

Fun fact: January’s new issuance was more than double the total produced in the first month of 2019.

Ocwen is predicting that better days are ahead for the company, including (possibly) $15 billion in originations this year...

Although originations and net income increased at PennyMac Financial, the company took a loss on servicing activities during the fourth quarter due to hedges.

Down again today: The share price of Ocwen Financial, the nation's 13th largest servicer...

Former FHA Commissioner Dave Stevens: “The absence of banks in FHA has been a challenge ever since the False Claims Act was used as an excessive enforcement mechanism, making it far too great a risk to participate in the program.”