Sen. Richard Shelby, R-AL, agreed with Warren’s criticism of the government’s failure to prosecute individual bankers, but he faulted the Department of Justice, not financial regulators...

We understand that when stock analysts meet with Ocwen management, executives at the nonbank usually tell them to not even ask about the deal.

Bank of America was once again the buyback king at the midway point in 2014.

As reported by IMFnews, 18 current members are affected by the proposed ban on captives, seven of which are mortgage real estate investment trusts.

Since the housing bust, very few mortgage firms have securitized MSRs, though they have used securitization vehicles for advances.

A number of banks have been motivated to reduce their MSR holdings because of concentration limits imposed by the emerging Basel risk capital rules.

In general, the industry believes a g-fee hike may not happen after all, but then there's all those "other charges."

One source said the $3 billion “traded a few weeks back,” but could offer no more color on the transaction.

One question we occasionally hear is this one: If the GOP this fall gains control of the Senate can’t they just push through a GSE reform bill and hope to override a presidential veto, if there is one?

Mortgage lenders securitized $90.95 billion of single-family MBS through the GSEs and Ginnie Mae during August – the biggest monthly volume since September 2013, according to IM&A.