The Wall Street firm hunting for mortgage acquisitions is not a depository like JPMorgan Chase...

Hours before the House vote, word came from the White House that President Obama would veto the measure.

Credit enhancement levels set by the rating services play a major role in an issuer’s decision to come to market.

BofA continues to carve down the size of its mortgage servicing portfolio.

Chase had $326 million in net income from mortgage banking in the first quarter of 2015, down 3.6 percent compared with the previous quarter.

Ocwen officials stress that the company has made significant progress in strengthening its operations and capital structure.

“The greater comfort that banks have in the current regulatory environment has situated them as more potential buyers of mortgage servicing product than was the case several years ago,” Fitch Ratings said.

Wells' application pipeline is at the highest level seen since the second quarter of 2013.

“Fannie and Freddie have made tremendous strides to provide clarity in the system and create innovations,” said Peter Carroll, executive vice president for mortgage policy and counter party relations at Quicken Loans.

Regulators found that New Day staff completed continuing education requirements for CEO Robert Posner and COO Paul Alger at least 18 times.