Servicing income rose 1.5 percent during the third quarter, although five of the 12 companies reported declines and one of them – PHH Mortgage – posted a loss.

Redwood: “We will offer new ways for these [nonbank] sellers to optimize their capital bases…”

Investor Pershing Square Capital should be happy. The firm owns roughly 9.98 percent of Fannie common and 9.77 percent of Freddie.

The investor was also critical of HomeStreet’s efforts to expand its footprint beyond the Pacific Northwest…

Sen. Elizabeth Warren wants a complete list of OMB staffers who have been detailed to the CFPB by Mulvaney...

However, Hensarling is adamant that the plug be pulled on Fannie Mae and Freddie Mac...

The FHFA said it’s working with Fannie and Freddie to “develop processes to identify and align those enterprise programs, policies, and practices that could materially affect prepayments.”

The issuance figures suggest that investors are gaining comfort with the non-QM asset class…

Wells Fargo reported a huge drop in mortgage banking income, but the rest of the top five banks all posted increased earnings from their operations…

But news of the settlements wasn’t doing much for their stock prices. Both were down slightly on the day.