Roughly 48 percent of the loans were previously modified and then became delinquent again.

Fairholme, which won this round, controls roughly $2.4 billion of GSE junior preferred…

A blowout 3Q16 for residential originations and MBS issuance?

“In no other industry could you say you are charging a high fee and just promise it to be lower when you arrive for closing,” one commenter said.

Fund managers have a significant preference for Freddie paper over Fannie instruments…

In the new SEC filing, PHH notes: “Merrill Lynch originations will contribute approximately $45 million of pre-tax earnings for fiscal year 2016 based on the company’s estimate of Merrill Lynch loan closing volume for 2016.”

According to a mid-year ranking by Inside FHA/VA Lending, PRMI ranks 15th nationwide among all FHA lenders.

Interestingly, new originations increased slightly more than the 31.2 percent increase in new applications filed during the year.

PHH also wants certain information kept confidential...

Further empirical confirmation of a recovering mortgage market continued to accumulate at the CFPB during the third quarter, as related consumer complaints dropped 19.8 percent, according to a new analysis by Inside the CFPB. For the first nine months of 2016, consumer gripes about their mortgages fell 8.4 percent compared to the same time period the year before. Criticisms about mortgage servicing fell 21.8 percent quarter-over-quarter and 2.0 percent year-over-year, the data show....