Freddie notes, “The volume of specialty servicing may shrink as the number of legacy loans dwindles, but specialty servicing is likely to remain an active part of the mortgage servicing industry…”

Barclays believes there is both an economic argument and a policy argument for reducing GSE guaranty fees…

In case you’re wondering, Fannie Mae has a market capitalization rate of $12.28 billion, Freddie Mac $6.86 billion. Why?

Stearns Lending was the top table funder in 3Q15 with $2.95 billion originated through loan brokers. United Wholesale Mortgage was an extremely close second at $2.94 billion.

Despite changes to GSE to representations-and-warranties policies, lenders are still avoiding the riskiest segments of the market.

One investment banker familiar with the firm said, “a CFO disruption so close to the IPO just doesn’t look good.”

The 2008 Housing and Economic Recovery Act stipulated that the baseline limit could not be lowered when house prices were falling. And during recovery, there could be no increase until the HPI reached its previous high, in the third quarter of 2007.

In a statement, officials at TD Bank said the new hires will focus on originations in the Northeast.

California had threatened to pull the company’s license over document requests that Ocwen was ignoring at the time. Eventually, the two parties came to terms.

LoanStar expects to originate $750 million of home mortgages this year and has set a goal of doubling that in 2016…