The common thread in both cases is that Ocwen and PHH similarly assert that the CFPB’s structure is unconstitutional.

Maybe a REIT is the way to go in nonprime...

Angel Oak Mortgage Solutions, Atlanta, said it has underwriting standards that avoid risk-layering…

You might say that Wilbur Ross got out of Ocwen while the getting was good...

NAR’s Mendenhall: such provisions “can turn the American Dream into a nightmare for families, as the rug is pulled out from under them.”

Fannie, Freddie and Ginnie continued to dominate multifamily activity…

Walter CEO Tony Renzi: “Our operating performance is improving in many areas, and we are continuing our financial restructuring efforts…"

“A significant reduction in the corporate tax rate would result in a significant net loss, and that could result in a loss for the year,” said Fannie CEO Timothy Mayopoulos…

Tax reform legislation from Republicans in Congress could have an outsized impact on borrowers who take out jumbo mortgages, according to industry analysts. The tax reform in the House detailed last week would reduce the amount of debt eligible for the mortgage interest deduction and would limit deductions of state income taxes and property taxes. For new home purchases, the revised MID would only apply up to $500,000 in debt, down from a current cap of $1.0 million ...

Originations of higher-priced mortgages increased significantly in 2016 compared with the previous year, according to an analysis by Inside Nonconforming Markets of data from the Home Mortgage Disclosure Act. The analysis excluded government-insured mortgages, multifamily loans and home-improvement loans. Some $28.61 billion of non-government-insured higher-priced mortgages were originated in 2016, up 28.9 percent from the previous year ... [Includes one data chart]