Walter was already under the investigative microscope of the Consumer Financial Protection Bureau and the Federal Trade Commission because of its servicing practices.

GSE executives, however, declined to specify when their new 97 percent LTV programs will be ready.

The CFPB is listening to recordings of inbound telemarketing calls, the attorney said...

Some 60.7 percent of the mortgages in the deal have interest-only features.

Whatever might be in the works at the FHFA regarding looser credit won’t be out until mid-December, we’re told…

The mortgage insurance industry lost a key political ally with the reelection defeat of first-term Democratic incumbent Sen. Kay Hagan of North Carolina.

Securitization of rural development home loans during the first nine months was $14.19 billion, with the top three issuers accounting for 58 percent.

Two Harbors has plenty of capacity to hold non-agency loans in portfolio without reliance on outside financing.

PHH's servicing portfolio continues to shrink thanks to MSR sales and payoffs.

When pressed further, Middleman noted that getting acquisitions approved in the Empire State can “take a long time”…