Zillow, a real estate information services company, highlighted the mortgage purchase as a key part of its third quarter results.

Earlier this year, Treasury Secretary Steven Mnuchin told the Senate Banking Committee he has the authority to restructure Fannie and Freddie without any change in law.

In its earnings statement, PHH notes that Ocwen can terminate the acquisition if “available cash on hand falls below a prescribed amount…”

Anthony Hsieh of loanDepot: “Relax everyone. Competition is good."

In 2Q18, there was a huge increase in bulk Fannie MSR transfers…

Starwood is now directly sourcing loans from Impac and hasn’t tapped any other originators.

The Treasury report acknowledges concerns from the appraisal industry but touts the benefits of using the waivers…

Wells Fargo: “As a result of this error, approximately 625 customers were incorrectly denied a loan modification..."

As of Monday morning, none of the parties involved – FHFA, the FHFA IG, and the Council – were commenting to IMFnews. Nor were they denying the existence of an investigation.

The CFPB has been accelerating its enforcement actions in the past two months, and attorneys said Acting CFPB Director Mick Mulvaney is now defending the bureau’s enforcement power, with a new strategy and focus. “The enforcement actions are being announced more frequently now,” said Allen Denson, partner at Hudson Cook. “I expect the steady clip of settlements we’ve seen over the last two months to continue.” After Mulvaney took the reins at the ...