Consumer advocates also recommend that state policymakers pass legislation or implement regulation requiring servicers to adopt and engage in loss-mitigation practices.

The non-agency/jumbo market cannot truly revive until Congress passes laws aiding transparency and decreasing risk to potential participants.

ASF suggests that one way to reduce the market share of the GSEs is to hike guaranty fees once again.

PennyMac once again posted strong earnings, but the REIT's correspondent purchases are beginning to slow somewhat.

Modeling changes that have been proposed by insurance commissioners could increase loss forecasts and prompt sales of non-agency MBS.

When it comes to jumbo MBS deals, Redwood Trust is on a tear this year.

Banking regulators acknowledged problems with the foreclosure reviews conducted by the nation's megabanks and have agreed to evaluate the use of independent consultants in regulatory actions.

Democrats in Congress have raised concerns about how five banks have responded to new servicing standards included in the $25 billion national servicing settlement.

Rep. Maxine Waters, the ranking minority member of the House Financial Services Committee, believes that now is "precisely the time to think about how we can reshape the secondary mortgage market."

This past fall the Mortgage Bankers Association was pushing for a housing policy coordinator in the White House to ensure that federal regulations complement one another rather than conflict.