In a new research note, Sterne Agee analyst Henry Coffey also voices anxiety about the fact that almost 55 percent of Walter’s stock is controlled by three investor groups.

Home prices remain below their peak levels and mortgage interest rates are well below where they were prior to the financial crisis. However, mortgage originations since 2008 have been significantly below the levels seen in years prior as tight underwriting standards have limited production. “Home prices are still very affordable by historical standards, despite increases over the last three years,” the Urban Institute’s Housing Finance Policy Center noted in a recent report. “Even if interest rates rose to 6.00 percent, affordability would be at the long term historical average.” Black Knight Financial Services added...

In short order, Wingspan faces a dilemma that many of its peers are facing: rapidly improving real estate values are snuffing out delinquencies and draining the supply of problem loans.

The GAO analyzed changes to HAMP implemented in October and beyond, including extending performance incentive payments to borrowers...

The jumbo MBS rated by Fitch since 2010 haven’t experienced any losses.

FBR Capital Markets analysts said the ruling allows the CFPB and the Department of Justice to retain their use of disparate impact under the Equal Credit Opportunity Act...

As the holiday weekend approached, representatives from PIMCO's media department had not returned telephone calls and emails on the matter.

Wells Fargo was the top seller to Freddie Mac in 2Q with $12.6 billion, according to newly compiled figures from Inside Mortgage Finance, but BofA was a somewhat close second...

For most HELOCs, the OCC said the end-of-draw period means that monthly payments change from interest-only to amortizing...

Bayview offers several products for near-miss agency borrowers as well as non-QMs with guidelines that are more forgiving than those offered by jumbo lenders.