Production of rural housing loans with a Department of Agriculture guaranty is expected to end 2014 far below the record volume originated last year, according to agency estimates. USDA Section 502 guaranteed homeownership obligations in fiscal 2014 totaled $19.1 billion, down from last year’s $22.4 billion, according to data recently disclosed by the agency. Texas led...[Includes one data chart]

Ocwen Financial has a huge mismatch between the size of its $400 billion servicing portfolio and its new originations. Then again, its MSRs are running off...

Ocwen chief Bill Erbey noted that the settlement amount might be materially higher and include requirements beyond a monetary penalty.

Young doctors just out of medical school can be good non-QM credit risks. Of course, there's all that student loan debt to consider...

Former FHFA Acting Director Edward DeMarco wanted to shrink the multifamily programs of Fannie and Freddie, but that initiative has been placed on the back burner.

Roughly a month ago, ClearVision founder Jon Maddox announced his retirement to Pacific Union senior management.

Guild's McGarry also said the company will not be closing on any more transactions in 2014.

Pacific Union Financial took in $100 million of profits. It’s not every day that a privately held nonbank tells the world what it’s earning…

Total mortgage complaints have been trending downward since they peaked at 15,239 in the first quarter of 2013.

DBRS said one of the strengths of the new jumbo deal is its traditional lifetime representations and warranties.