Freddie Mac announced this week that it has securitized more than $100 billion in multifamily mortgages through its K-Deal program, a milestone for the initiative that was launched in 2009. K-Deals were introduced during the financial crisis when the CMBS market collapsed. Freddie created the program to help revive the market, but it had to convince lenders that selling a loan via securitization was better than selling a loan that Freddie would hold in its portfolio. “In 2008, when we first started talking to investors about doing a CMBS-style securitization, some of them thought...

Both Wells Fargo and JPMorgan note that they have taken significant steps to work with borrowers who have payment option ARMs and other loans that allow for negative amortization.

One thing investors and analysts look for is revenue growth and Ocwen Financial did not deliver. But at least all of its lending licenses are intact...

In the first quarter, the top sequential gainers were all nonbanks: loanDepot (up 50.6 percent), Caliber Home Loans (46.2 percent) and Stearns Lending (22.6 percent.)

Freddie Mac securitized just $12 million of purchase mortgages with loan-to-value ratios of 96 percent or 97 percent during the first quarter.

The number of branch licenses for mortgage originators increased by 12 percent to 43,381.

This is Freddie Mac’s fourth NPL auction of 2015. As for Fannie Mae...

Among the standouts in nonbank MSR growth: Seneca Mortgage, Pingora and RoundPoint...

More than half of Flagstar's servicing portfolio consists of subservicing contracts.

The megabanks still report broker production in their loan sales figures, but most of the activity involves seasoned loans.