Flagstar Bank is reportedly working on a deal to sell a large chunk of its mortgage servicing rights while retaining a subservicing contract to continue administering the loans. The bank declined to talk about its plans, but during an earnings call this week officials gave more clues that it’s contemplating such a maneuver. They told analysts that Flagstar has taken a close look at how it services mortgages, discovering that it’s quite good at servicing performing loans, but not so good with high-touch product. Sondro DiNello, president and chief executive of the bank, also declared...

Although Wells Fargo promised some JVs that everything was "fine" earlier in the year, the megabank is now exiting the joint venture space.

The jumbo loans in the new Redwood deal are relatively young. But 72 lenders are feeding mortgages into the security.

If the CFPB is successful in its case against Castle & Cook, will the loan officers have to pay back the bonus money?

Is Flagstar about to pull off a massive sale of MSRs?

During the debate, Committee chairman Jeb Hensarling accused Democrats of protecting the status quo by defending the current Fannie and Freddie dominated regime.

Amherst Securities said the risk-share deal was structured in a way that it will likely never take a loss.

Not only have Fannie Mae and Freddie Mac staged a comeback, but so has MGIC. The MI giant finally turned a profit and sees better days ahead.

The easy money may be over for mortgage IPOs, but that doesn't mean deals won't get done.

The rating services have raised concerns about the representations and warranties on the new JPM jumbo deal as well as geographic concentration risk.