Freddie Mac plans to launch a new servicing transfer tool within the next couple of weeks, part of a broader effort by the government-sponsored enterprises to enhance liquidity in mortgage servicing rights.

But there’s a catch for lenders: Originators will have to pay an additional loan-level price adjustment…

Fannie said the new lender option allows the GSE to streamline the operational requirements of participating lenders...

The share of high-DTI loans has continued to go up this year…

Pershing Square bought its stake in the GSEs earlier in the decade at prices north of $2.00 a share…

A few weeks back, Phoenix Capital was in the market with a flow MSR offering that carried a maximum size of $540 million…

Although loan production is down this year, that isn’t stopping some lenders from moving forward with expansion plans.

The net result was a strong gain in Freddie’s share of the GSE market…

So, what’s the big deal? Under FCRA, Fannie and Freddie would add $23.5 billion in revenue to Uncle Sam’s coffers for 2019...

Seterus, a servicing vendor working for Fannie Mae, foreclosed on 2,762 homes in California during 2017, more than any other servicer – by far – according to a report issued by the California Department of Business Oversight. The year prior, Seterus, which is controlled by IBM, foreclosed on 4,265 units, the state found. The figures cover only firms that are California licensees. The runner-up in California foreclosures last year was Nationstar Mortgage with 1,410 actions, down 15.4 percent from 2016.