Fed Chairman Janet Yellen on the future of Fannie and Freddie: “…I would hope that Congress would decide explicitly on what the government’s role is and if there are guarantees, that they would be recognized and priced appropriately.”

“Anytime you have rates run up by 50 basis points, it usually takes about 90 days before a washout begins,” said one mortgage advisor.

Walter Investment/Ditech has yet to establish a date for the release of its fourth quarter results…

It’s unclear at this point what the takeover might mean, if anything, for Nationstar, whose own share price has rallied the past few months.

Bill Erbey, who was forced out by financial regulators two-plus years ago, controls 16.8 percent of Ocwen Financial...

Among the key announcements: the company is selling its PHH Home Loans joint venture to Guaranteed Rate; unloading its private label operations to LenderLive Network, and monetizing “certain” servicing assets.

The apparent easing of credit terms in the Fannie/Freddie market has been moving at a glacial pace…

Mark Filler, who founded Jordan and served as its CEO, was named president of Finance of America Commercial.

Mariner is an investment advisor that manages roughly $13.5 billion in assets...

In the nonconforming market, Citadel Servicing Corp., Irvine, CA, has just rolled out a new 12-month bank statement loan program…