Jeffrey Walker, the new head of residential retail for SunTrust, has worked for such lenders as CitiMortgage and Wells Fargo.

A new modification program from Freddie Mac also will pay mortgage servicers $1,400 per unit for each successful loan restructuring.

If. Sen. Franken has his way, the MBS rating system will change. Meanwhile, top executives at Impac Mortgage clean up.

Income tied to residential servicing was down 27.7 percent for the 10 lenders as a group.

As adopted, Appendix Q of the QM rule requires items to be considered and verified for the two prior years, and requires well-documented projections for the following three years.

Although 2013 will turn out to be a decent year in terms of residential production, next year could be quite ugly.

Investment funds are continuing to salivate over mortgage servicing rights.

Redwood Trust is ready to sell yet another jumbo MBS deal into the market.

Ginnie Mae President Ted Tozer said the agency wants to phase out the Ginnie I MBS program.

Although it's unlikely that Fannie Mae and Freddie Mac will engage in principal reductions anytime soon, a new report from CBO says it could do some good.