At Sept. 30, Freedom Mortgage serviced $28.69 billion of home mortgages, an impressive 75 percent jump from the same period a year earlier.

Impac Mortgage originated $576.2 million of home loans in 3Q, a 26 percent sequential decline.

Fairholme owns $3.5 billion (face value) of GSE junior preferred stock. After company chief Bruce Berkowitz sent his tender offer to FHFA and then went on CNBC to discuss the plan, you can bet that the price of GSE preferred probably increased a bit.

Will the banks that bought “junior” preferred stock in Fannie Mae and Freddie Mac prior to the housing bust ever be made whole? Will investors that purchased the preferred after that time eventually be rewarded for the gamble they took on such a highly speculative investment? Those two questions look a lot more interesting these days thanks to continued strong earnings from the two government-sponsored enterprises. According to filings with the Securities and Exchange Commission, Fannie and Freddie say...

Investors and analysts are starting to wonder if Nationstar Mortgage bit off more than it could chew with its multi-billion dollar servicing purchases of the past two years. Sources say the company recently hired PricewaterhouseCoopers as a consultant to look at its quickly growing $375 billion servicing portfolio. A spokesman for the company dismissed...

On Thursday morning, Fairholme chief Bruce Berkowitz said, "We’re talking to everyone about this plan,” then added: “We’d love to talk to Treasury.”

The STACR deal was structured so that Freddie Mac will take the first 30 basis points of losses on the transaction, followed by private investors, which bought debt notes on the following 300 basis points of potential losses.

The CFPB expects the vast majority of institutions to be in substantial compliance with its new mortgage rules by the January deadlines.

Pete Carroll's mortgage credentials include a stint at Overture Technologies, a mortgage technology firm based in the Washington, DC, area.

One trade group official told Inside Mortgage Finance that despite efforts by the Federal Housing Finance Agency to create g-fee parity for lenders of different sizes, there has been little in the way of progress.