Lenders such as Sistar Mortgage of Michigan (licensed in 27 states) are still hiring.

Of course, there is a way to avoid the zero capital cushion dilemma. Congress can pass legislation to allow the GSEs to build capital or FHFA can act...

The seller was not identified by name, though MountainView refers to the company as “well capitalized” and...

The Blackstone Group said it has acquired a “significant” stake in The PMI Group, a once-bankrupt mortgage insurer that is now in receivership.

One possible catalyst for a MIP cut could be poor results from a forthcoming HMDA report that shows FHA as well as Fannie Mae and Freddie Mac are not servicing low-income borrowers very well.

In a recent SEC filing Two Harbors noted that after the second quarter ended it bought $4.7 billion of Fannie Mae servicing rights from an undisclosed seller.

Glass told IMFnews that he has seen a noticeable uptick in searches for what he calls “senior leadership” positions...

Who cares about large hedging losses? Not the FHFA, which so far has shown no interest in increasing the allowable amount of capital the two can retain...

According to figures compiled by Inside FHA/VA Lending, Wells ranked second among all FHA retail originators in the first half.

The CHLA noted that almost 99 percent of depositories are exempt from exams conducted by the Consumer Financial Protection Bureau.