Analysts at PiperJaffray said the agreement “removes the near-term risk of Altisource being liquidated.”

In general, private mortgages are extended by the owner of the property to a borrower through a private contract. Terms can vary greatly from deal to deal.

EverBank sold jumbos with an unpaid principal balance of $981.3 million, up 60.4 percent from the previous quarter.

Perhaps, the time is drawing near to once again raise the thorny issue of whether the Department of Housing and Urban Development should cut FHA premiums...

Over half (51.1 percent) of VA loans securitized through Ginnie MBS in the first quarter of 2016 were retail originations, but only 39.1 percent of FHA loans came through that channel.

The market did not react kindly to Five Oaks' earnings news. At one point in trading, its share price was down 13 percent on the day.

Mortgage brokerage firms added 200 workers during March. Employment in the sector now stands at 80,400 positions.

Recent studies suggest reduced pricing and declining costs have given conventional mortgages with private MI an edge over FHA in the battle for high-quality borrowers...

Stonegate’s results were affected by declining interest rates, a plague that has marred the performance of residential servicers from coast to coast...

goodmortgage.com will be operated as a division of FGMC and run as a “dba.”