The company, whose share price was hammered this past summer after disappointing 2Q results, promised investors that it will be break even in 2016 or “modestly profitable.”

Since the federal takeover, the Treasury Department has provided $116.1 billion in assistance to Fannie with the GSE returning (once the 3Q dividend is paid) $144.8 billion...

During the financial crisis Impac’s stock was delisted and its future looked cloudy. But not anymore…

It remains to be seen whether the mortgage servicing market actually grew in the third quarter of 2015, but it’s clear that distribution within the industry continued to shift. The top 50 mortgage servicers had a combined portfolio of $7.300 trillion, including whole loans in portfolio and mortgage servicing rights, at the end of September, according to a new ranking and analysis by Inside Mortgage Finance. That was down 0.2 percent from total servicing held by the top 50 companies at the end of the second quarter. The final word on mortgage debt outstanding comes...[Includes two data tables]

The CFPB said some lenders are failing to comply with the requirement that charges at settlement not exceed amounts on the good faith estimate form...

A mortgage executive who works in the Florida market said he is tired of seeing his deals slowed down because a title company owned by a builder was forced upon a borrower.

The sale is notable not only for its size, but for the fact that MBS and Morvest – partners on this auction – don’t normally sell servicing rights as part of their advisory practices.

MBA continues to believe that, given the lack of reserves, eventually the GSEs will need to take a draw from Treasury, said Dave Stevens.

Meanwhile, loan originations at the company inched up to $4.9 billion in 3Q from $4.8 billion in the second quarter.

Among the top ten residential lenders, CitiMortgage and Bank of America had the weakest growth rate...