The Comptroller is warning against a bank engaging in an exchange of participation interests in REO without first consulting with the regulator.

It appears that Integrated Financial Group of Pennsylvania is the latest victim of the mortgage downturn.

First, National MI files to go public, now Essent. One might assume the mortgage insurance industry is red hot.

Fannie Mae and Freddie Mac will not earn a ton of money forever. Or will they?

Mortgage buybacks can vary significantly among seller/servicers because it’s driven by business and legal processes rather than current market dynamics.

Certain provisions of the loan originator compensation rule – such as those having to do with record retention, anti-steering and compliance and procedures – kick in January of 2014.

Bulk offerings of mortgage servicing rights, even new production, are now plentiful.

Mortgages banking firms are still in demand, but pricing may fall. And at Wells Fargo, it's jumbo rates remain cheaper than GSE rates.

Home Loan Servicing Solutions is preparing to issue a $350 million servicer advance receivable ABS, according to a presale report issued late last week by Standard & Poor’s. With the deal, $5.3 billion in mortgage servicer advance ABS will have been issued this year, according to the rating service. S&P has been the dominant rating agency in servicer advance ABS. Erkan Erturk, senior director of global structured finance research at the rating service, said issuance of servicer advance ABS is on track to reach the $7.0 billion in issuance S&P predicted at the beginning of the year. HLSS Servicer Advance Receivables Trust Series 2013-T6 received...

Wells Fargo, JPMorgan Chase and Flagstar are all working on large servicing deals, but as sellers. Meanwhile, HUD is worried about lower GSE loan limits.