“Today we can definitely say we know everything about that borrower,” said Steven Schwalb of Angel Oak…

FHFA Director Mel Watt: “In fact, it is especially irresponsible for the enterprises not to have such a limited buffer..."

HomeStreet will reduce its mortgage banking staff by 60 full-time equivalent employees...

The Fannie/Freddie MSR portfolio has no delinquencies whatsoever…

Meanwhile, FHFA Director Mel Watt called the new IG audit “seriously flawed…”

But that didn’t stop the conservative from the Lone Star state from offering up some critiques on the FHFA...

LoanDepot more than doubled its ARM originations in that span, and large increases were also seen at Wells Fargo, Bank of America Home Loans, First Republic Bank and MUFG…

Still, the deal world grinds forward. “Ten days ago, sales were dead, but interest is picking up again,” said Mark Garland, president of MountainView Servicing Group…

In the interim, mortgage servicers must continue to pass on the principal and interest payments to the end bondholders.

The MBS is backed by 3,548 mortgages that have seasoned for more than 11 years, on average.