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

The mortgage industry wants the Consumer Financial Protection Bureau to clarify whether mortgages subject to repurchase demands will lose their “qualified mortgage” status under the bureau’s new ability-to-repay rule.

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

The GSEs continued to wrangle with seller/servicers over repurchase requests during the fourth quarter of 2012, but mostly over loans originated five years earlier.

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

Nationstar Mortgage signs a new employment contract with one of its top executives, CFO David Hisey.

A new bipartisan panel wants to close Fannie Mae and Freddie Mac and limit U.S. support for mortgages.

Jumbo loan prices are red hot.

Critics of the CFPB and industry opponents of its new ability-to-repay/“qualified mortgage” rulemaking quickly got excited when the Court of Appeals for the District of Columbia ruled recently in Noel Canning v. National Labor Relations Board that President Obama’s recess appointments of three officials to the NLRB were unconstitutional. Their hope was that the president’s appointment of Richard Cordray as director of the CFPB might similarly be invalidated. And perhaps more to the point, they hoped the...

Federal regulators should consider aligning the pending risk retention rule’s “qualified residential mortgage” standard with the “qualified mortgage” standard under the ability‐to‐repay rule the CFPB finalized on Jan. 10, Federal Reserve Governor Daniel Tarullo said. Defining QRMs as QMs would eliminate the downpayment requirement initially proposed for QRMs and allow greater access to credit for borrowers than a more stringent QRM definition, he said at a Senate Banking, Housing and Urban Affairs Committee hearing on...