After a large 3Q loss, it was a bloodbath for Walter's share price...

The company, whose share price was hammered this past summer after disappointing 2Q results, promised investors that it will be break even in 2016 or “modestly profitable.”

Since the federal takeover, the Treasury Department has provided $116.1 billion in assistance to Fannie with the GSE returning (once the 3Q dividend is paid) $144.8 billion...

During the financial crisis Impac’s stock was delisted and its future looked cloudy. But not anymore…

The only way the baseline conforming loan limit would be raised for 2016 is if the HPI jumps nearly 10 points...

The top five servicers still accounted for over half (53.3 percent) of the total for the top 50 servicers, but that was down from 57.0 percent a year ago.

MBA continues to believe that, given the lack of reserves, eventually the GSEs will need to take a draw from Treasury, said Dave Stevens.

A mortgage executive who works in the Florida market said he is tired of seeing his deals slowed down because a title company owned by a builder was forced upon a borrower.

Some lenders suggest that while jumbo lending with loan brokers is viable, retail originations tend to be more attractive.

The sale is notable not only for its size, but for the fact that MBS and Morvest – partners on this auction – don’t normally sell servicing rights as part of their advisory practices.