Lennar said the mortgages funded by its affiliate were “originated and sold in prior years.”

A staggering 15.8 percent of the island commonwealth’s FHA loans were more than 90 days late as of Dec. 31, and another 13.0 percent were 30-90 days in arrears.

Several other MSR packages are expected to hit the market in the coming weeks…

The White House may be committed to GSE reform, but Republicans are not...

The nonbank share of agency servicing grew by 4.7 percentage points during 2017.

Bipartisan legislation was introduced last week in the U.S. Senate to protect veterans and service members from predatory serial refinancing by requiring lenders to show the transaction actually bene-fits the borrower.

The Trump White House was slated to nominate mortgage banker David Kittle to head the agency but back in November he grew tired of waiting and withdrew his name from consideration.

Galante is a former FHA commissioner who presently serves as faculty director of the Terner Center for Housing Innovation at the University of California Berkeley. She also sits on the board of Ocwen Financial.

GSE reform may emerge from the Senate Banking Committee, but as for final passage...

The agency – which still doesn’t have a permanent president – issued $443.2 billion of MBS backed by forward single-family mortgages in 2017, a 10.8 percent decline from the previous year.