Flagstar's gain-on-sale margin fell to 135 basis points compared to 184 bps in 1Q21. The company also reduced the asset value of its mortgage servicing portfolio...

With American Airlines grounded, issuance of business-class ABS fell $6.03 billion, or 23.0%, from the first to the second quarter.

The Supreme Court remanded a portion of the case, leaving it for the Fifth Circuit Court of Appeals to decide how to handle the question of whether the unconstitutional nature of FHFA’s leadership structure damaged shareholders and, if so, what kind of compensation they might be owed.

Overall, the states largely opted to follow capital and liquidity requirements set by the FHFA...

Loan officers and their processors alike are earning less these days...

Freddie had the hot (MSR) hand in 2Q21...

The bulk transfer figures reflect deals that were struck in prior quarters...

The selling institution is based on the West Coast...

The stagecoach has a huge advantage, namely that it’s the largest depository owner of Ginnie servicing rights at $149.1 billion and has an extremely low cost of funds...

Are mortgage banking firms monopolistic and should they fear the new Biden executive order? Not really. Still...