Wedbush's Henry Coffey notes that PHH is “facing a number of challenges,” including a struggle to restore profitability…

Ocwen, which in the past has been sanctioned by regulators for some of it servicing practices, also disclosed $10.0 million of additional reserves for a potential California regulatory settlement and $7.0 million of incremental reserves for a previously disclosed letter dating issue.

Pairing real estate agents with loan brokers? RESPA attorneys start your engines...

At Flagstar, refinances accounted for 57.6 percent of originations compared to 54.2 percent in the second quarter.

Some loan brokers we spoke with were skeptical about the RE/MAX concept...

Back in May, the reading for first-time homebuyers was 40.4 percent.

Since Genworth is a counter-party to Fannie Mae and Freddie Mac, the GSEs must approve the change of control as well.

CBO’s comments were contained in a report that takes a “what if” approach to allowing Fannie and Freddie to retain as much as $5 billion of capital a year for 10 years...

Jumbo lending has a much more retail focus: the vast majority of loans are originated for portfolio or, in the case of non-depositories, sale to a bank or other portfolio investor.

Freddie said the revised suite is “designed to take costs out of the loan origination process.”