The agency will allow the GSEs to boost LIHTC investment by $350 million each and expand the sale of REO properties to owner-occupants and nonprofits.

Hedge funds and REITs are buying up the nation’s manufactured home communities, often with support from Fannie and Freddie. But most resident-owned communities can't meet the GSEs' LTV requirements.

A new advisory bulletin describes when assets should be categorized as “substandard,” “doubtful,” or “loss.”

At press time, Ocwen's common was trading at $28.06 compared to a 52-week low of $17.29 and a high of $35.08.

In its comment letter, FHLB San Francisco essentially said: None of your business.

Just how hot is the IPL market? Two well-regarded Wall Street firms — Credit Suisse and Goldman Sachs — brought out their first deals of the year...

PennyMac Financial Services, the nation’s second largest Ginnie servicer overall, listed buyouts of $11.6 billion for the six-month period ending June 30...

Cadence Bank CEO Paul Murphy said the company “believes that at all times it acted in compliance with our nation’s fair lending laws.”

Wells Fargo's jumbo servicing portfolio declined by 2.5% to $242.25 billion...

In a new report, the rating service notes the “extensive” MSRs of nonbanks “often make the quality of their capital much weaker than that of banks.”