PHH's servicing portfolio continues to shrink thanks to MSR sales and payoffs.

Securitization of rural development home loans during the first nine months was $14.19 billion, with the top three issuers accounting for 58 percent.

Two Harbors has plenty of capacity to hold non-agency loans in portfolio without reliance on outside financing.

The mortgage insurance industry lost a key political ally with the reelection defeat of first-term Democratic incumbent Sen. Kay Hagan of North Carolina.

Some 60.7 percent of the mortgages in the deal have interest-only features.

Whatever might be in the works at the FHFA regarding looser credit won’t be out until mid-December, we’re told…

The biggest chunk of GSE business comes from mortgages with high credit scores and LTV ratios below 80 percent.

Hiring top performers can cost a company in terms of salary and bonus pay, but many believe such hires are worth it because such LOs bring in a ton of volume.

The Mt. Laurel, NJ-based Freedom is eager to grow its retail presence in the U.S., but is still committed to third-party lending where it has a large presence.

When pressed further, Middleman noted that getting acquisitions approved in the Empire State can “take a long time”…