Annaly is selling its noncore holdings to focus on residential mortgage investments. Its agency MBS business continues to shrink, but not dramatically.

Higher prices on mortgages for highly qualified borrowers could mean more cross-subsidy for less qualified borrowers.

Market participants detail why reverse mortgages, particularly in non-agency MBS, are a compelling investment.

Among the top 10 funders, the declines were mostly brutal, ranging from a low of -21.1% to a high of -37.2%.

Freddie took in new business of $207.0 billion in the January-March period, down 23.6% sequentially...

The veteran mortgage advisor believes lenders should be instituting more layoffs.

Richard Horn, a former CFPB senior counsel, said the bureau has been “surprisingly quiet in terms of real actions.”

Residential mortgage lenders are trimming their workforce but at a very slow pace, which could lead to serious losses in the second half of the year, according to industry consultant David Lykken.

Another blow-out earnings quarter from Freddie Mac. But earnings were juiced a bit by loan-loss reserve recaptures. Meanwhile, its net worth continues to increase.

FDIC-insured banks are eager beavers when it comes to MSR acquisitions these days, dealmakers report. But have prices peaked? Not yet.