The Federal Home Loan Banks are offering a growing array of complex advance products and the Federal Housing Finance Agency wants to make sure they price the funding appropriately.

Wells Fargo is drafting its response to an apparent grilling by Senate Democrats over hundreds of improperly denied loan modifications, many of which ended in unnecessary foreclosures.

Mortgage delinquency rates fell sharply in the second quarter, according to the Inside Mortgage Finance Large Servicer Delinquency Index. [Includes one data chart.]

Among those subprime MBS investors: Fannie Mae and Freddie Mac.

This spring, loanDepot was rumored to be a takeover target of Internet retailer Amazon.com…

On July 23rd, Fannie announced Mayopoulos would depart as CEO before yearend. The heavily redacted FHFA IG report is dated July 26.

CEO Mat Ishbia: “We are not sure why Quicken Loans has decided to bring UWM into this situation."

Funding for Quicken's new reverse mortgage will come from securitization…

We know of one large subservicer that’s for sale (Ditech Financial), but a second processor may also be considering offers.

The biggest increase has been in the new breed of Alt A securities…