After all, didn’t America suffer a housing “depression” because credit was too loose? Some GOP conservatives in Congress live by the edict: those who can own; those who can’t rent…

At press time, the firm’s share price was getting crushed, down 25 percent on the day to a new 52-week low of $19.89.

Servicing brokers expect a land rush of servicing deals before yearend.

Charbonneau, Klein and other advisors report that mortgage M&A activity is the strongest it has been in years.

What does IBM have to do with the mortgage business? Actually quite a bit, IBM is one of Fannie Mae’s largest technology vendors...

In defining misrepresentations, FHFA will set a minimum number of loans that must be identified with one of the six trigger elements.

Government attorneys sought to block Howard’s access on the grounds that he owns Fannie shares and would be biased.

The Consumer Financial Protection Bureau was critical this week of aspects of the student loan securitization process as well as servicer performance as it issued its latest annual report on private student-loan borrowing. The report analyzed more than 5,300 private student loan complaints between Oct. 1, 2013, and Sept. 30, 2014, an increase of 38 percent over the previous year. “Lending practices in the private student-loan market in the years preceding the financial crisis shared...

Bill Dallas, who runs Skyline Lending, told us he believes the “new” non-agency movement is beginning right now. “Today, we‘re doing 90 percent agency,” he said. “In 2017 the ratio will be 60 percent agency.”

American Homeowner Preservation, a hedge fund that invests in distressed mortgages and helps some borrowers with loan modifications, said it proves distressed mortgage sales can be “preservative and profitable.” Officials at AHP said the fund has now helped more than 500 distressed borrowers avoid foreclosure via loan modifications. Investors in AHP also earn strong returns from the firm’s purchases of distressed mortgages. AHP started as a nonprofit in 2008, buying short sales ...