Will the banks that bought “junior” preferred stock in Fannie Mae and Freddie Mac prior to the housing bust ever be made whole? Will investors that purchased the preferred after that time eventually be rewarded for the gamble they took on such a highly speculative investment? Those two questions look a lot more interesting these days thanks to continued strong earnings from the two government-sponsored enterprises. According to filings with the Securities and Exchange Commission, Fannie and Freddie say...

Impac Mortgage originated $576.2 million of home loans in 3Q, a 26 percent sequential decline.

The last time private MIs did more business than either the FHA or the VA was back in the first quarter of 2008. At that point, however, private MIs accounted for well over half of primary MI new business.

On Thursday morning, Fairholme chief Bruce Berkowitz said, "We’re talking to everyone about this plan,” then added: “We’d love to talk to Treasury.”

Are mortgage bankers so diabolical that they attempt to find a way around new regulations? Industry consultant Joe Garrett of Garrett, McAuley & Co. thinks so.

Cash-out refis are at all-time lows compared to the peak in 2006 when $84 billion in equity was withdrawn by consumers.

Pete Carroll's mortgage credentials include a stint at Overture Technologies, a mortgage technology firm based in the Washington, DC, area.

The changes via Desktop Underwriter include tougher debt calculations for adjustable-rate loans and a complete removal of interest-only loan options.

Freedom Mortgage chief Stan Middleman sees a "vacuum" in the mortgage market caused by retreating commercial banks.

Buyback resolutions declined by 28 percent from the second quarter, even as the government-sponsored enterprises wrapped up large-scale settlements with a handful of their largest sellers.