Under RESPA, servicers are generally required to consider borrowers for loss mitigation if the servicer receives a loss mitigation application at least 37 days before a scheduled foreclosure sale.

The odds of GSE “recap and release” becoming a reality just went down…

We’re just 11 days into the new year and already things are getting interesting in the mortgage industry...

Retail mortgage lending continued to lose market share in the second half of 2018, mostly due to a surge in correspondent production. A new Inside Mortgage Trends analysis of mortgage-backed securities data shows that the retail share of loans sold to Fannie Mae, Freddie Mac and Ginnie Mae fell to 48.6 percent last year. During the fourth quarter, sales of retail-originated loans declined by 14.9 percent, the sharpest downturn among ... [Includes two data charts]

Fannie and Freddie securitized $66.89 billion of single-family loans with private MI coverage during the fourth quarter…

New Residential also will buy non-QMs from lenders other than New Penn...

Bright will earn significantly more working for SFIG than at Ginnie, easily doubling his salary and then some...

Movement said the acquisition “significantly” expands its presence in the Pacific Northwest and Mountain West…

The flow of conventional mortgages with private mortgage insurance coverage into Fannie Mae and Freddie Mac mortgage-backed securities fell sharply in the fourth quarter – tracking a broader slump in purchase-mortgage business. [Includes three data charts.]

It was a busy week for channel and branch disgorgements with two national lenders announcing transactions they hope will prepare them for a difficult market in 2019.