Citadel Servicing of California has raised $200 million from private investors to originate new residential subprime loans, Inside Mortgage Finance has learned.

The Federal Housing Finance Agency hasn't totally given up on the issue of "fee for service."

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.

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

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

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

Milestone Advisors has picked a winning bidder for the MSR portfolio once owned by Taylor, Bean & Whitaker.

JPMorgan Chase will slash thousands of mortgage workers over the next 20 months.

Mortgage bankers are promising to wage war over any new guaranty fee hikes that are used for non-residential projects.

The Federal Housing Finance Agency has not given up on its effort to install risk-based pricing for guaranty fees.