Lombardo joins Walter, the parent of Ditech Financial, from the community banking division of JPMorgan Chase.

It's only a matter of time before the White House officially nominates acting Ginnie Mae president Michael Bright to be the permanent head of the agency...

For the most part, the sale of bulk mortgage servicing rights has been sluggish during the fourth quarter, but dealmakers are anticipating the torpor may soon end.

An intensive burst of lobbying helped mortgage servicers avoid adverse consequences in the tax reform bill passed by the Senate late last week. But housing-industry representatives continue to warn that the legislation would lead to home-price reductions and reduce incentives for homeownership.

Servicing income rose 1.5 percent during the third quarter, although five of the 12 companies reported declines and one of them – PHH Mortgage – posted a loss.

The investor was also critical of HomeStreet’s efforts to expand its footprint beyond the Pacific Northwest…

However, Hensarling is adamant that the plug be pulled on Fannie Mae and Freddie Mac...

Wells Fargo reported a huge drop in mortgage banking income, but the rest of the top five banks all posted increased earnings from their operations…

But news of the settlements wasn’t doing much for their stock prices. Both were down slightly on the day.

We understand that a fairly large bulk portfolio of mortgage servicing rights might be hitting the auction block soon...