First-time issuers and those that didn’t issue in the fourth quarter accounted for 56.1 percent of 1Q17 ABS production.

The Republicans made a big splash earlier this week promoting the Hensarling bill, motivating the Democrats to employ a parliamentary ploy that has not been used in the committee in 20 years.

Of the five states with the largest share of non-current mortgages, Mississippi ranked first with 9.70 percent…

A fair question: If there’s no federal guaranty on conventional MBS will the housing and mortgage markets tank?

Patenaude also served as HUD assistant secretary for community, planning and development during the George W. Bush administration.

Sources told IMFnews that the CFPB was seeking a settlement in the range of $50 million from the servicer...

MUFG Union Bank of California, which relies heavily on jumbos, saw loan production fall on a sequential basis by just 4.4 percent, the best showing among the top 50, Inside Mortgage Finance found.

Other servicing-related issues identified include premature foreclosure filings, mishandling of escrow accounts, incomplete periodic statements and dual tracking.

Chuck Klein of Mortgage Banking Solutions said M&A activity is “hopping along pretty good these days.”

The VA Loan Guaranty Service wants to hear from stakeholders…