A year ago, in SEC filings, Pershing Square disclosed that it owned just under 10 percent of Fannie and Freddie common.

The OCC said two banks exited the residential mortgage business in 2014 and another two plan to exit in the coming year.

A handful of other large national wholesalers offer LPMI, including United Wholesale Mortgage.

Advocates for GSE reform looking for savings in the federal budget will be disappointed...

When settlements are first reported rarely does the money change hands right away.

Plunging oil prices have led to a sell-off in stocks and a flight to quality, namely U.S. Treasuries and agency-backed MBS.

A mid-sized nonbank based in Texas saw two of its top officers resign last week, industry sources confirmed to IMFnews.

Based on the upward production trend over the last three quarters, it appears the private MIs are on their way to a strong close at year-end.

Skyline CEO Bill Dallas predicted that the nonbank funder could originate almost $4 billion next year, almost double what it produced this year.

The servicing monitor then hired an independent accounting firm, McGladrey, to retest Ocwen’s performance on a number of metrics tied to the national servicing settlement.