Purchase loans accounted for over 80.0 percent of third-quarter production at Wells Fargo, PennyMac Financial, Caliber Home Loans, U.S. Bank and Amerihome…

Ocwen, which paid $360 million in cash for PHH, also disclosed: “The purchase price we negotiated contemplated PHH could continue to incur losses.”

In past downturns, large lenders and servicers were either sold outright or they joined forces with like-sized companies…

Towd Point Mortgage Trust 2018-SJ1 is the first post-crisis non-agency MBS backed by second liens to receive a credit rating.

Mulvaney has a reputation of being pro-business. Is it possible he might turn the name-change ship around to save American companies $300 million?

OCC examiners noted greater use of asset dissipation underwriting, a practice used to qualify borrowers using a “hypothetical income stream from their asset liquidation rather than debt-to-income ratios.”

Commitment levels are decent, but nonbanks just aren’t using the lines they’ve been granted.

Under the watch of President George H.W. Bush, S&Ls were re-regulated and given a core housing mission.

Bank investment in ABS backed by commercial and industrial loans grew by 30.6 percent from the midway point in the year.

Mortgage recruiter Rick Glass: "Expenses are simply out of alignment. Many shops are telling me they have no more room."