When Freddie recently unveiled a first-quarter loss due to hedges affected by falling interest rates, MBA chief Dave Stevens issued a statement once again calling for Congress to enact housing-finance reform, but said nothing about the issue of zero capital.

DFA also created the Consumer Financial Protection Bureau, an agency that seems almost universally loathed by the mortgage industry.

UWM is offering “rate incentives” for jumbo borrowers with FICO scores north of 740, and a promise to close the loan in 25 days or less…

KBRA noted that most nonbanks with large holdings of MSRs don’t hedge large swaths of their portfolios…

At March 31, the Anaheim, CA-based FCI had $4.2 billion of servicing contracts on its books.

“This is a seminal change,” one GSE observer told us.

To significantly reduce credit risk, all mortgages sold to Ginnie 2.0 would require a private credit enhancement attached to the loans…

Ocwen Financial continues to rule the roost in terms of subprime servicing…

PennyMac Financial is a top-10 ranked lender and may soon break into the top-10 in servicing as well…

The poor stock performance of this group has bloodied the water for mortgage IPOs...