Secondary

The amount of capital required of depositories to hold residential mortgage servicing rights would jump to 28% under Basel III proposals from 17.2% today.

Ginnie Mae approved 34 new issuers in fiscal year 2012 (which ended September 30), bringing the total universe of government-approved firms up to 406.

Transparency is the word being thrown around by many at the meeting.

Residential Capital Corp. will be sold through an asset sale with possibly $4 billion in proceeds going to the bankruptcy trustee.

Fannie Mae and Ginnie Mae are seeking to protect taxpayers as a flood of new lenders apply to do business with them.

Mortgage Bankers Association president and CEO David Stevens declared that Fannie Mae and Freddie Mac should go through the same rule-making process as any other government agency while they are in conservatorship.

PCV Murcor released at the Mortgage Bankers Association’s annual convention what it described as a Rental Broker Price Opinion with some new twists.

It’s safe to say that Debra Still, the incoming chair of the Mortgage Bankers Association, is battle-tested.

With origination volumes booming, PennyMac has doubled a repo facility it had with Citibank.

Fannie Mae hopes to attract more private capital to the business but so far it's been tough sledding.