David Lykken, managing partner of Transformational Mortgage Solutions, said he welcomes PIMCO’s investment, believing that it’s a huge positive for the industry.

The CFPB alleged that expense accounts were really “point banks” and that payments in the form of bonuses and commissions were based on mortgage profitability...

The Texas Republican blamed the CFPB and DFA for raising prices and “cutting off" access to mortgages…

Some 71 lenders are contributing loans to the deal, led by Stonegate Mortgage with a 6.9 percent share.

MBA chief Stevens said he and a “certain group of individuals” met with the HUD secretary last Friday to discuss the topic.

Last year, loan production turned out better than many anticipated...

While nonbanks have taken a much bigger share of the servicing market, the top-ranked subservicer is Cenlar, a New Jersey-based savings bank.

Standard & Poor’s has removed Ocwen Financial form its “CreditWatch” list.

The CHLA suggests, among other things, that the U.S. Treasury stop sweeping all GSE profits and instead put that money in a capitalization reserve account...

Data detailing the volume of GSE mortgages by state.