The refinance market is showing signs of life — especially in the government-insured sector — and total agency MBS issuance in the first quarter was up from a year ago. (Includes two data tables.) Read More

The Federal Housing Finance Agency has long supervised the GSEs’ management of third-party risk from nonbank mortgage companies. But now for the first time it is examining nonbanks directly. Read More

In granting the injunction decree, the court noted that there’s a “substantial likelihood” the trade associations will ultimately succeed in their challenge against the CRA overhaul. Read More

The MBA has called on federal agencies to ensure there is no disruption in the mortgage process stemming from the National Association of Realtors’ decision to settle a lawsuit related to agent commission practices. Read More

The postponement comes just weeks after Congress passed a short-term extension of the flood insurance program’s authorization. Read More

City National hopes to get in on the ground floor of a turnaround in MSR-backed lending. The federally insured depository is joining other warehouse providers that play in the space, but there are risks. Read More

It’s status quo when it comes to mortgage banking M&A activity — and that’s not a good thing if you’re looking to sell. For now, it’s all about asset sales, mortgage servicing rights in particular. Read More

OSHA has ordered PrimeLending to pay back wages to two employees who were subject to retaliatory actions after they raised concerns related to consumer fraud. Read More

Hunterbrook Capital is going after United Wholesale Mortgage, lobbing allegations and shorting stock in the nonbank; Michael Barr, vice chair for supervision at the Fed doesn’t find the rhetoric regarding bank capital requirements particularly useful; Ocwen plans to rebrand as Onity. Read More