PHH's servicing portfolio continues to shrink thanks to MSR sales and payoffs.

The mortgage insurance industry lost a key political ally with the reelection defeat of first-term Democratic incumbent Sen. Kay Hagan of North Carolina.

Whatever might be in the works at the FHFA regarding looser credit won’t be out until mid-December, we’re told…

The Mt. Laurel, NJ-based Freedom is eager to grow its retail presence in the U.S., but is still committed to third-party lending where it has a large presence.

When pressed further, Middleman noted that getting acquisitions approved in the Empire State can “take a long time”…

BB&T posted $80 million of mortgage banking net income in the third quarter, up sharply from a negative $21 million suffered in the previous quarter.

If housing markets are stronger than expected and rates stay low enough, originations could hit $1.421 trillion next year.

A recent research note from Sterne Agee predicts higher operating costs for Ocwen because of its ongoing regulatory disputes with the New York Department of Financial Services.

With Continental Home Loan under its umbrella, Freedom believes its production run-rate will be $2 billion a month.

The number of residential properties that are seriously underwater declined to 8.1 million in the third quarter of 2014 from 9.1 million in the first quarter, according to a new report from RealtyTrac. Another 8.5 million properties were on the verge of resurfacing. Dan Blomquist, vice president at RealtyTrac, said it is not yet time to celebrate. He said 8.1 million underwater properties still represent 15 percent of all mortgaged properties with an estimated $1.4 trillion in negative equity ...