Bank of America said it will discontinue all “space rental agreement programs due to recent regulatory developments.”

Sources have identified Caliber Home Loans and Skyline Lending as possible acquirers of branches.

The trade group quickly found a villain for the ugly reading: the Oct. 3, 2015, effective date of the CFPB’s TRID rule.

As one JPM competitor noted: “It’s no surprise that correspondent led the way for them. They own the correspondent jumbo market.”

Freddie said that demand has kept pace with new supply, calming concerns that growth might start to decelerate.

Meanwhile, it would appear that the revolving door for mortgage CEOs might be taking another spin soon...

Sen. Corker, a Republican from Tennessee, no longer wants to kill Fannie and Freddie outright...

The PSPA has been challenged in court by investors that are speculating in the common and preferred stock of the two GSEs.

Bank returns on mortgage activities turned sharply negative during the recession of 2007 through 2009 before rebounding and becoming consistently positive by early 2011.

Moody’s found that completed foreclosures for bank-serviced loans in Florida averaged 1,077 days or three years...