Roughly $148 billion of single-family agency MBS were issued last month, down almost 3 percent from April’s level. May was the slowest month for agency MBS issuance so far in 2013.

Among the many allegations, the plaintiffs charge that the seizure of Fannie and Freddie was “unlawful and unwarranted” and represents an unconstitutional violation of due process which cost investors billions of dollars.

At press time, CashCall founder and president Paul Reddam could not be reached for comment.

Testifying before a Senate panel earlier this year, HUD Secretary Shaun Donovan warned that sequestration would limit the FHA’s ability to provide information and services in a wide range of areas.

Freddie Mac's low activity fee could add more than $2 million to its bottom line.

Thanks to rising interest rates, the book value of mortgage servicing rights increased in the first quarter. Could more sales be on the way?

The Consumer Financial Protection Bureau has issued two new compliance guides but is warning that they are not substitutes for the underlying rules.

Community banks are getting slapped with a "low activity" fee from Freddie Mac and the ICBA is not happy.

When interest rates rise, so do the value of mortgage servicing rights.

In a new filing with the SEC, Walter Investment said it discovered that its new reverse subsidiary had failed to record certain servicing errors.