The increase was a rare occurrence: Since 2009 the balance of non-agency debt outstanding has been on the wane.

Fannie Mae provided no additional information on the departure, which sounds temporary in nature.

KBW, by the way, has set a $1 per share price target for both Fannie and Freddie.

The Supreme Court ruling could cost mortgage bankers a bundle in terms of overtime pay. Or maybe not...

For the full year, PHH Mortgage was the top IO lender in the nation with $12.81 billion in production...

Reverse volume leader American Advisors Group funded $2.0 billion in 2014, giving it a market share of 14.7 percent.

“We are building a higher quality and less volatile mortgage business,” said JPMorgan mortgage executive Kevin Watters.

Mortgage companies that fall under the heading “real estate credit” actually cut 300 employees during the month, leaving the sector with 211,700 full-timers.

CHLA lists four specific concerns about the proposed capital rule, including a complaint that a 25 basis point “add on” (based on UPB) is too “severe.”

Cerberus hasn’t had the best track record with its mortgage investments over the years...