Banks, thrifts and credit unions reported $540.4 billion of HELOCs on their books at the end of June, down 0.9 percent from March.

Mutual of Omaha bank said it remains "committed" to the mortgage business, even though it's closing the retail channel.

In response, EverBank questioned the accuracy of the IG report.

In the second quarter, Altisource Residential agreed to buy 4,374 nonperforming mortgages that carry an underlying collateral value of $1.23 billion.

The GSEs securitized $100.30 billion of purchase mortgages during the third quarter, a 28.3 percent sequential gain.

Investors have been scratching their heads over the downdraft at Walter/Green Tree...

The handbook is designed to support FHA’s broader goals of expanding access to mortgage credit and making it easier for stakeholders to do business with the agency.

However, a separate lawsuit filed by Pershing Square Capital Management in the U.S. Court of Federal Claims is unaffected by Judge Lamberth’s ruling.

The senior tranche on the Chase jumbo deal has credit enhancement of 9.90 percent.

Although 114 servicing workers are losing their jobs in Nebraska, the lender/servicer will add as many servicing positions in the Dallas area over the next six months.