Despite the red ink, PHH’s board approved a new $100 million share repurchase authorization…

A guarantee fund would be developed to cover losses.

LendSure has financial backing from Ellington, among other investors…

A handful of mortgage executives have suggested to us that trade groups are overreacting to the GOP’s tax overhaul plan and the way it treats the mortgage interest deduction...

The Trump White House has made it clear that it’s no fan of the CFPB, but the DOJ has yet to weigh in on the case…

Redwood Trust plans to issue expanded-prime MBS on a regular basis…

Correspondents generated 38.8 percent of the market and posted the highest purchase-mortgage concentration, 77.8 percent.

Industry consultant Paul Hindman believes more executive changes are likely in the months ahead…

According to Wallison: “There is nothing about the way the government has managed the housing finance system for the last 50 years that would remotely recommend a continuing government role.”

Tuesday’s panel discussion has been dubbed the “think tank” hearing because it includes representatives from the Urban Institute, the Milken Institute and American Enterprise Institute…