Nonbank mortgage lenders have been reporting weak profit margins since January, a situation that has some in the industry alarmed while others believe that as originations increase in the months ahead the tough times will dissipate.

Investors Unite: "We’re in trouble if the secret plan for GSE reform rests on axing the only public official who is actually tuned into reality…”

Freddie Mac had the biggest monthly increase at 22.9 percent…

Come June, Fannie Mae will cut a new dividend check to Uncle Sam...

CFPB Acting Director Mick Mulvaney: “I don’t know why we call it the CFPB; that is not the name of the organization..."

Great Ajax’s forte is buying re-performing mortgages…

Ocwen has tried to mend its ways, noting in the new report: “We have now resolved all of the state cease and desist orders (but not all of the legal actions) taken against us….”

Due to temporary standards established by the CFPB, mortgages eligible for sale to the GSEs are treated as qualified mortgages even if they have higher debt-to-income ratios that would otherwise make them non-QMs…

Impac has yet to disclose when it might release first quarter results.

There’s been speculation that when the Trump administration picks Watt’s successor, one of the first things that person might do is impose a loan-size purchase limit on the two government-sponsored enterprises.