The Collins attorneys weren’t willing to discuss their legal strategy, but indicated to Inside Mortgage Finance that they’re “moving forward on all fronts.”

Compared to a year ago, the GSE single-family servicing market grew a whopping 17.7%.

It’s no secret that nonbanks have been gaining market share at the expense of the depository goliaths over the past five years...

The $224 million MBS is stocked with 30-year mortgages underwritten based on debt-service coverage ratios.

As anticipated, Wells suffered from stiffer competition on the home front and saw its gain-on-sale margins get clipped. However, mortgage sales revenue was bolstered by Ginnie Mae buyout activity...

While jumbo lock volume declined, Redwood increased its expanded-credit mortgage activity.

Toomey had originally requested a response by June 21 but none was made. A new demand came on Monday.

To be fair, Kaplan didn’t suddenly come to this conclusion. He’s been pushing the Fed to consider tapering since at least early spring.

Combined MBS issuance by the three agencies fell $38.26 billion during the second quarter. Sales of California loans to the agencies dropped $36.94 billion from the first quarter.

On a sequential basis, home lending revenue came in at $1.35 billion, a 7.4% decline from the first quarter.