New Residential is entitled to a $10 million termination fee if the sale falls apart...

Instead, the FHFA only disclosed specific CSP cost data once – in a September 2015 status report…

The claims relating to the servicing settlement were dismissed with prejudice, which means Schneider cannot bring them again.

The Mortgage Center, a West Virginia-based loan brokerage firm managed by Marc Savitt, plans to open new offices in Florida and New Mexico early next year…

Subprime MBS cases continue to haunt Wall Street…

If Trump wants to get rid of Cordray, he will have to fire him “for cause,” says Cowen analyst Jaret Seiberg.

Some GSE observers believe an “implicit” guaranty is the same thing as an “explicit” one…

“Home prices cannot rise faster than incomes and inflation indefinitely.” – David Blitzer, managing director of the index committee at S&P Dow Jones.

One of the most speculative stock bets out there – buying shares in Fannie Mae and Freddie Mac – is looking more like a sure thing these days, thanks to the recent pick of Mick Mulvaney, R-SC, to head the Office of Management and Budget in the new Trump administration. At least that’s how some industry officials and market watchers view it, including the Washington-based research firm Cowen & Co. In a report issued earlier this week, Cowen analyst Jaret Seiberg called the choice of Mulvaney for OMB chief “the most bullish sign yet that the Donald Trump administration will favor a solution to housing finance reform that includes a continued role for Fannie and Freddie.”

Reducing subsidies also would help renew private sector participation in the secondary market, the Congressional Budget Office believes…