Need a zero-down mortgage for $650,000? Another Washington-area credit union steps up to the plate.

Just as with the Perry GSE litigation, Fairholme’s suit demands that the Treasury amendment to the preferred stock purchase agreement be voided.

The jumbo MBS market has another new issuer: Nomura. But the credit enhancement on its first deal was increased due to geographic concentration risk.

In recently issued guidance, the VA said reduction of principal in connection with a loan modification may produce a higher expected return for a servicer than termination of the loan.

Testifying before a House subcommittee, the CFPB's Antonakes emphasized the fundamental importance of data analysis to the bureau’s mission.

PMFS, an affiliate of PennyMac Mortgage Investment Trust, said the repo line will be used to fund new residential originations.

Any lender that has refis greater than 50 percent could be at risk for layoffs, said one industry consultant.

A few days the megabanks will reveal 2Q earnings, letting us know how gain-on-sale margins are holding up.

Agency MBS accounted for 98 percent of credit union investments in mortgage securities, according to Inside MBS & ABS.

New report sheds light on how much nonbank mortgage workers earn.