The auction market for nonperforming mortgages is beginning to generate heat with prices rising nicely from last year.

According to new FHA rules, no less than 20 percent of a lender’s required net worth must be in the form of liquid assets consisting of cash or an equivalent.

Citigroup will pay Fannie Mae and Freddie Mac damages for the faulty MBS it sold to them but no one knows the cost of the settlement.

Not only is HUD looking into PHH's underwriting practices, but the government has questions about the lender's foreclosure expenses.

Banks and thrifts reported $7.7 billion in mortgage banking income during the first three months of 2013, a 16 percent jump from the previous quarter.

The CFPB's ban on mandatory arbitration provisions was part of the bureau’s final rule on loan originator compensation promulgated in January.

New bulk MSR packages continue to hit the market. Many of the new deals have low coupons and hardly any delinquencies.

A new bill to replace Fannie and Freddie with a single government guarantor is already being dismissed.

The Senate Banking Committee has yet to schedule a confirmation hearing for Mel Watt to head FHFA. Does this lack of action mean anything?

Nonbank servicers had an average of 275 loans per employee in the second half of 2012, according to Fitch, about the same level seen since 2010.