Another nonprime MBS deal is ready to hit the market, this one from Invictus Capital Partners...

Outstanding MBS servicing at Fannie actually declined slightly in the second quarter…

Compared to the same period a year ago, servicing balances have fallen by 19.5 percent.

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...