Ditech, in the coming days, expects to close on its previously announced asset sale to New Residential Investment Corp. The REIT is scheduled to purchase most of the nonbank’s servicing portfolio and what’s left of its origination platform.

Toorak is a leading issuer of fix-and-flip securitizations. The firm has aggregated more than $3.0 billion worth of product since 2016.

Although origination volumes appear to be strong these days, some mortgage executives are already worrying about what might happen next year...

Keefe, Bruyette & Woods: "We continue to believe that GSE recapitalization is unlikely to be completed within the current presidential term.”

The FHFA announcement comes as financial institutions and regulators struggle to identify a suitable replacement index for LIBOR. 

The hike in the retained earnings threshold was widely anticipated and the news hardly budged the share price of Fannie/Freddie common.

The Senate panel believes such a study is crucial before Ginnie develops a plan to fill gaps in hiring and retention.

Neither Simone Grimes nor FHFA released the details of the settlement. Mel Watt, whose term as director ended in January, has not commented.

One of the biggest speculative bets ever made in mortgage stocks is going on right now: Fannie and Freddie...

Quicken Loans denied 29.6% of applications for jumbo purchase-mortgages in 2018 and denied nearly half of the jumbo refi applications it received.