Mark Garland, executive vice president of MountainView Financial Solutions, is a firm believer that interest rates will stop declining at some point and the MSR sales machine will pick up a head of steam.

The Community Mortgage Lenders of America released a clarification about a meeting with officials from the Department of Housing and Urban Development and Ginnie Mae. Scott Olson, executive director of the Community Home Lenders Association, stressed that the trade group didn’t make the statements that were attributed to CHLA in the initial release by CMLA or in the subsequent reporting by IMFnews.

Craig Phillips plans to stay at the Treasury Department until the agency's housing finance reform plan is drafted. President Trump noted that "many geniuses" will contribute to the plan.