The two GSEs were placed in conservatorship in September 2008 by Treasury and the Federal Housing Finance Agency. At the time, their common and junior preferred shares were considered worthless.

How bad is it? Since 2010, liquidations amounting to $3.89 billion led to $2.88 billion in CMBS losses, a 74.0 percent loss severity.

Complications tied to making payments (loan servicing, payments, escrow accounts), were identified by 33 percent of consumers filing a complaint.

Phillips, managing director of financial markets/client solutions at BlackRock, is well known in MBS circles for his early days at First Boston…

Besides the GSEs, one Fairholme’s most speculative investments is Sears Holdings Corp., the struggling retailer…

Home prices in 2016 soared as a number of metropolitan areas reached record new home price highs, according to ATTOM Data Solutions’ yearend report on home sales. Among 201 metropolitan statistical areas with populations of at least 200,000, 44 percent hit new all-time home price peaks last year. Those areas include Dallas-Fort Worth ($230,571), Houston ($214,795), Atlanta ($181,000), Boston ($390,000) and San Francisco ($720,000). Three Ohio markets, Cincinnati, Columbus and Dayton, also reached...

The CFPB said Prospect Mortgage entered into agreements to buy leads from more than 200 different counterparties, most of which were real estate brokers.

CMG Mortgage founder and CEO Chris George said that when it comes to hiring he's mostly in a "holding pattern" right now, with exceptions...

The full Senate could vote on the Ben Carson nomination next week...

Over the past two years, the Wall Street giant has purchased a handful of nonbank lenders, including Gateway Funding...