For lenders, the best scenario is that an arbitrator might rule in their favor, with a GSE reimbursing them for what Fannie and Freddie call “certain costs and expenses.”

Another large nonbank enters the space for unsecured consumers loans. A trend in the making?

Earnings are high at most nonbank lenders these days, which makes them attractive to investors...

Kvetching about mortgage servicing was down sharply too, off 23.1 percent compared with the third quarter.

In the announcement on dropping coverage, FBR quoted PHH management as saying “organic growth is hard to come by, strategic initiatives are taking longer to achieve, and prepayment speeds on the company’s MSR are still elevated…”

Super-jumbo lenders take note: Hugh Hefner’s Playboy mansion is now officially for sale.

One company that confirmed its interest in scratch-and-dent TRID loans is Mid America Mortgage.

All three agencies posted big increases in multifamily MBS issuance last year, with Freddie (up 65.4 percent) and Fannie (up 36.4 percent) leading the way…

The REIT had hoped to buy an originator too, but the transaction fell apart...

REITs have enjoyed this financial advantage so much that it’s unlikely they will fold on the issue without some type of battle.