When the housing recession was in its early years, negative equity was most pronounced in a handful of Southwestern and Southeastern markets...

With rates rising (and staying that way, for now) mortgage M&A is expected to pick up steam in the coming months...

But if you think that Wells Fargo will pull a “BofA” and quietly downshift its presence in mortgages, think again.

PHH said it will subservice the loans for New Residential "for an initial period of three years, subject to certain termination provisions."

The sale proceeds exclude estimated transaction fees and expenses of roughly 5.0 percent...

Tim Howard, a former Fannie Mae CFO, called Mnuchin’s comments “a welcome reset…”

New Residential is entitled to a $10 million termination fee if the sale falls apart...

JPMorgan Chase was the only firm that saw a decline in production-related revenue during the third quarter…

The claims relating to the servicing settlement were dismissed with prejudice, which means Schneider cannot bring them again.

“Home prices cannot rise faster than incomes and inflation indefinitely.” – David Blitzer, managing director of the index committee at S&P Dow Jones.