In late May, Walter disclosed in an SEC filing that some of its previously issued financial statements could not be relied upon because of what it called an “accounting error.”

Walter Investment filed a WARN notice with the Texas Workforce Commission, saying it will close its Irving, TX, office and cut 437 workers...

Bank of America once again reported the biggest volume of residential loan repurchases: $421 million…

Walter, the parent of Ditech Financial, said it expects to “acknowledge receipt” of the compliance violation and “notify the NYSE of its intention to seek to cure the deficiency…”

Agency mortgages produced by mortgage brokers actually rose 4.4 percent in the second quarter, even as the overall market was falling 6.1 percent.

It hasn’t been pretty the last couple of weeks for MBS values…

Mortgage gain-on-sale margins likely will be flat...

Analysts at Bank of America Merrill Lynch said the action by Wells was “the most talked about topic” among market participants recently.

With refinance activity tapering off, the retail production channel lost some of its edge during the second quarter of 2017, according to a new Inside Mortgage Trends analysis of agency mortgage-backed securities. Retail production accounted for 50.6 percent of the $290.63 billion of single-family mortgages securitized by Fannie Mae, Freddie Mac and Ginnie Mae in the second quarter. Including modified loans and those with no channel identification ... [Includes one data chart]

Mortgage firms of all types continued to add to their payrolls late this spring, with many firms reporting they’re searching for technology workers. Overall, nonbank lender/servicers added 1,400 full-time positions in May, bringing total sector employment to 242,900 positions, the best reading since December 2007, according to figures compiled by the Bureau of Labor Statistics. Separately, loan brokerage companies also added 1,400 jobs during the month, bringing their employment ...