“We need the light hand of government to set standards and systems for the market to move forward and private capital to return,” said Chris Katopis, executive director of the Association of Mortgage Investors, in testifying at a hearing this week in the House Financial Services Committee. While members of the committee appear to be nowhere near agreement on how to resolve the ongoing conservatorships of Fannie Mae and Freddie Mac – or how they might be replaced – lawmakers, non-agency MBS issuers and investors all agreed on the need for new standards to increase non-agency MBS activity. The AMI called...

Republicans in Congress worry about the CFPB collecting too much data on consumers but are their concerns overblown?

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

Michael Lau, the man who helped Phoenix Capital corral Bank of America as a client, has purchased his own mortgage banking firm.

Stearns Lending, one of the fastest growing servicers in the U.S., has hired a new manager to help it with servicing acquisitions.

Although Flagstar earned money on its mortgage business in the first quarter, its gain-on-sale margin took a major hit.

Residential lenders can rest easy: the GSEs aren't about to hike their net worth minimums. Also: the CFPB shows some love to banks.

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.

The jumbo market is heating up, which means the price paid for whole loans is on the rise.