As for potential layoffs, the government-controlled mortgage giant declined to comment.

The IBM-owned Seterus has been buying mortgage servicing rights from Ocwen Financial...

New issuance of single-family mortgage-backed securities by Fannie Mae and Freddie Mac fell sharply in the fourth quarter of 2015 despite a December rebound in monthly volume, according to a new Inside Mortgage Finance analysis and ranking. The two government-sponsored enterprises issued $179.01 billion of single-family MBS during the final three months of 2015, a 19.9 percent drop from the third quarter. It was the weakest level of new business for the GSEs since the second quarter of 2014. A faltering purchase-mortgage market was...[Includes three data tables]

Although the Consumer Financial Protection Bureau recently issued a “clarifying” letter on errors tied to the so-called TRID integrated disclosure rule, deep concerns remain among originators that fund non-agency product for sale into the secondary market. Moreover, according to interviews conducted by Inside Mortgage Finance over the past week, some nonbank lenders are seeing noticeable increases in origination costs because loans are taking longer to close and therefore remain on warehouse lines for an extended period of time. Because nonbanks fund almost all of their production using warehouse credit, the implication boils down...

Chase’s nine-month USDA volume translated into a 31.0 percent market share.

This CEO called the letter a "godsend."

The receivables are dominated by Texas collateral at almost 62 percent.

Introduced in Sept. 2015, fundings of loanDepot home equity loan products have nearly doubled every month since launch...

Overall, Ginnie securitization of FHA and VA purchase loans increased by 37.7 percent and 37.9 percent, respectively, during the third quarter, according to Inside Mortgage Finance’s database.

The Two Harbor deal ends a span of 31 days without a presale report for a new non-agency security.