The IRS recently formed a working group comprised of industry participants to address problems with the Income Verification Express Service, according to the Mortgage Bankers Association.

Rising rates bolstered servicing values late in the year, but reduced production results…

The Urban Institute believes Fannie and Freddie could be wound down within five years and be replaced by new entities with no government backstop…

Nomura was serving as the lender’s investment banker on the deal…

Hensarling is chairman of the House Financial Services Committee, which means any Fannie Mae/Freddie Mac reform bill must first go through his panel, whether he’s the author or not.

Already, there’s speculation that Trump would tap Deputy HUD secretary Pam Patenaude to replace Carson...

Commercial banks and savings institutions serviced $3.621 trillion in home loans for other investors at the end of 2017, according to a new Inside Mortgage Trends analysis of call-report data. After a brief spurt higher in the third quarter, bank servicing-for-others was down 0.8 percent during the final three months of the year. The industry’s SFO balance had been dropping steadily since the end of 2010 – with declining balances in 20 of 22 quarters – as many ... [Includes one data chart]

September will mark the 10-year anniversary of the government placing Fannie and Freddie into conservatorship..

Mangiaracina’s resume includes stints at UBS Securities and Deutsche Bank…

PIMCO might be hungry for RPLs but inventory is declining…