SoFi, also known as a “peer-to-peer” lender, said it admires Fannie Mae’s “commitment to technological innovation in mortgages…”

Sometimes when a subservicer – especially a publicly traded one – snags a new client, the company publicizes the event...

What some bank-watchers may not realize: Most depositories do not factor in personnel and other key expenses when calculating mortgage-banking income…

Walter/Ditech originated $5.0 billion of new mortgages in 1Q16, down 10.7 percent from the previous quarter.

Larry Charbonneau, who runs a boutique advisory firm, said, “The number of willing sellers doesn’t meet the number of willing buyers...”

An estimated $24.52 billion of GSE loans were delivered into MBS during 1Q16 with the servicing rights being taken over by a servicer not affiliated with the loan seller.

As a group, the 45 companies that ranked sixth through 50th had a combined portfolio of $1.668 trillion, equal to 37.5 percent of the market.

Kingstown's big bet on Ocwen Financial is looking shaky these days...

The Federal Reserve Open Market Committee concluded its regularly scheduled meeting earlier this week and, to no one’s surprise, decided yet again to keep its interest rate powder dry for the time being. The people who parse FOMC statements for a living derived some nuanced significance from a few wording changes, but are split on whether and when there will be an increase this year. The Fed noted that labor market conditions have improved further even as growth in economic activity appears to have slowed. “Growth in household spending has moderated, although households’ real income has risen at a solid rate and consumer sentiment remains high,” said the U.S. central bank. “Since the beginning of the year, the housing sector has improved further but business fixed investment and net exports have been soft.” Meanwhile, inflation has continued...

Impac's residential servicing portfolio increased by 45 percent on a sequential basis to an unpaid principal balance of $5.2 billion.