The upside for private MIs is that their purchase business started off 2018 at a more robust level than last year…

SG Capital Partners focuses on loans with higher balances than other nonprime MBS aggregators.

On the plus side, Wedbush sees mortgage servicers and home builders benefitting…

Rep. Maxine Waters, D-CA, the ranking member of the panel, would not acknowledge that Mulvaney is the head of the agency but asked him questions anyway.

Wertheimer testified that during her tenure, the FHFA-OIG has issued 85 reports and made 117 recommendations to address supervisory shortcomings.

With GSE reform all but dead, rumors about possible administrative changes abound...

Fitch said the $3 billion reserve should be sufficient to cover income volatility during “the normal course of business, as seen when interest-rate volatility results in valuation adjustments within the GSEs’ derivative portfolios.”

The nonbank locked $2.3 billion of purchase mortgages in March, up 52.0 percent from the prior month.

Mulvaney – a former GOP Congressman from South Carolina and a Tea Party acolyte – declared: “The Bureau’s new strategic priorities are to recognize free markets and consumer choice and to take a prudent, consistent, and humble approach to enforcing the law.”

The agency issued $92.58 billion in MBS backed by forward mortgages during the first three months of 2018.