Can it be? A bi-partisan reg relief measure that helps the mortgage industry?

Servicing income rose 1.5 percent during the third quarter, although five of the 12 companies reported declines and one of them – PHH Mortgage – posted a loss.

Redwood: “We will offer new ways for these [nonbank] sellers to optimize their capital bases…”

The investor was also critical of HomeStreet’s efforts to expand its footprint beyond the Pacific Northwest…

However, Hensarling is adamant that the plug be pulled on Fannie Mae and Freddie Mac...

The FHFA said it’s working with Fannie and Freddie to “develop processes to identify and align those enterprise programs, policies, and practices that could materially affect prepayments.”

The issuance figures suggest that investors are gaining comfort with the non-QM asset class…

Wells Fargo reported a huge drop in mortgage banking income, but the rest of the top five banks all posted increased earnings from their operations…

We understand that a fairly large bulk portfolio of mortgage servicing rights might be hitting the auction block soon...

Overall, consultant Larry Charbonneau described warehouse lending as “still a great business.”