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February 9, 2018

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Agency MBS Production Down a Modest 6.9 Percent in January. Turbulence Ahead?

January volume was the lowest monthly total since May 2017… Read More

FHFA OIG Takes Issue with Regulator’s Handling of Potential Conflicts Involving Fannie Mae Executives

The names of Fannie Mae executives potentially involved in conflicts of interest were redacted from the report. Read More

PennyMac Financial Posts a $123.9 Million Profit in 4Q, Originations Down by 10.0 Percent; Lender Set to Launch New Products

PennyMac originated $17.04 billion of home mortgages in the fourth quarter, largely through the correspondent channel Read More

House Green Lights Revision to Points and Fees Calculation

House Financial Services Committee Chairman Jeb Hensarling said The Mortgage Choice Act is needed because the CFPB wrote a flawed and problematic definition that grossly miscalculates points and fees... Read More

What We’re Hearing: America, a Good Mortgage Customer? / Higher Rates, but How Much Higher? / Mortgage Bulls / Three Former Clayton Executives Launch Due Diligence Firm / Santander’s Warehouse Chief Departs / Mel Watt’s Successor Might…

The new game in town is figuring out who will succeed Mel Watt as director of the Federal Housing Finance Agency... Read More

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