In a white paper published on PIMCO’s website, four company executives said the conservatorship of the two government-sponsored enterprises has been “immensely successful” and should be a part of the reform solution.

Invitation Homes, the nation’s largest single-family rental operator, lost $46.0 million in the fourth quarter...

PennyMac likely will use the proceeds to buy additional servicing rights…

“The new year has all of us in the MSR market off to a running start as we see increases in mortgage rates and lower originations leading to greater demand, allowing for improved pricing of the MSR asset,” said Tom Piercy, managing director of Incenter Mortgage Advisors, Denver.

Most complaints from seniors over the past two years centered on conventional mortgages…

The MSR auction calendar is starting to look crowded…

It appears that Pershing Square is now under water on its GSE investments...

The agency will issue seven more RFIs in the coming weeks on such topics as complaint reporting and inherited rules.

GSE shareholders seeking to challenge the Federal Housing Finance Agency based on its single-director structure may now face an added challenge. The Federal Housing Finance Agency has asked the courts to review the decision of the DC Circuit in PHH Corp. v. Consumer Financial Protection Bureau as it relates to similar complaints against the agency. When a 2016 ruling found that the similarly structured Consumer Financial Protection Bureau is not constitutional, Fannie Mae and Freddie Mac shareholders filed lawsuits asking the courts to vacate the Treasury sweep of GSE profits altogether.

Once consummated, the merger will allow Nationstar to shelter its earnings for years to come…