After Freddie Mac makes its next dividend payment in March to the U.S. Treasury, the GSE will have returned $91.8 billion to the government versus financial assistance draws of $72.3 billion.

Freddie reported a $2.7 billion net worth at Dec. 31 and will pay Treasury a $900 million dividend based on fourth quarter results.

Meanwhile, the private MIs reported just $1.24 billion of new HARP business for the fourth quarter.

John Bell, assistant director for loan policy at the VA Home Loan Guaranty Service, said VA streamline refinancings rose 18 percent year over year...

Warehouse lending executives interviewed by IMFnews the past week are reporting healthy usage rates from their nonbank clients...

Analysts believe BlueMountain’s play is to ultimately drive down Ocwen’s share price and clean up on its short positions.

Ocwen’s massive servicing portfolio (roughly $377 billion in UPB) is worth more than the entire market capitalization rate of the company...

Freddie Mac actually increased its monthly volume by 7.3 percent from December levels, but Fannie Mae’s production fell 15.6 percent.

Analysts who follow the company are keenly aware that the Merrill contract accounts for 29 percent of PHH’s annual production.

Over the past few years there has been some debate about the role Fannie and Freddie play in the multifamily sector with GSE critics pushing for the two to scale back their involvement.