Though down from April, it was still significantly higher than at any time in 2014, when production averaged just $77.46 billion per month.

Industry analysts suggest that the rule will prompt a number of changes in the MBS and ABS markets.

Several well-known actors, including Henry Winkler, Robert Wagner and Fred Thompson, have appeared in such ads over the past few years, vouching for the products and their safety.

The CFPB case likely won’t make Merrill Lynch feel good about PHH, but we could be wrong. The two go way back…

The supply of mortgage warehouse credit available in the market has grown as new players entered a field with subdued production through most of 2014, but usage rates have begun to climb. The amount of outstanding borrowing by mortgage lenders has increased by 150 percent over the past year, said Stanley Street, president of Street Resource Group, in a recent interview with Inside Mortgage Trends. His firm provides a software platform for warehouse lenders ...

You might say that investor (and former Wall Streeter) John Devaney is bullish on Ocwen Financial...

In fact, 2014 was the first year since 2006 that purchase mortgages accounted for more than half of total residential originations.

Over the past year, RPM has been in the hunt to buy other mortgage companies, investment banking sources told IMFnews.

According to Moody’s rating scale of long-term corporate obligations, obligations rated Caa are judged to be of “poor standing” and are subject to “very high" credit risk...

Some lenders have predicted delays ranging from a few days to more than a month.