PennyMac Financial Services could raise just over $200 million through an initial public offering of stock.

Publicly traded REITs that invest in MBS "borrow short" and "lend long." But is that a problem? It might be, says FSOC.

It's not easy building a common securitization platform, so writes a Freddie Mac executive in a new blog posting.

Union Bank hopes to make a big splash as a retail funder of Fannie Mae and Freddie Mac loans.

Sprague, a veteran of SunTrust, Bank of America, and Matrix Capital, has joined Phoenix Capital.

Banks are still making nice profits off their residential lending and servicing businesses, but 4Q12 may turn out to be a peak in the cycle.

Freddie Mac is phasing out a software package that helps with the servicing of delinquent loans, a move that could help private sector technology vendors.

Loan officer compensation to individual originator employees is included in the calculation of the QM’s 3 percent limit on points and fees but the industry believes this is double counting.

Cole Taylor Mortgage, which has grown its servicing portfolio ten-fold in the past year, is now an active Ginnie Mae issuer.

The "flow" market for mortgage servicing continues to improve. IMA is in the market with a new package and others are on the way.