The main risks in making mortgages to foreign nationals: the borrower’s lack of credit history and issues tied to income verification.

The court also ordered that the three-judge panel’s ruling this past October be vacated. Oral arguments will be heard May 24...

Fed Chairman Janet Yellen on the future of Fannie and Freddie: “…I would hope that Congress would decide explicitly on what the government’s role is and if there are guarantees, that they would be recognized and priced appropriately.”

“Anytime you have rates run up by 50 basis points, it usually takes about 90 days before a washout begins,” said one mortgage advisor.

Walter Investment/Ditech has yet to establish a date for the release of its fourth quarter results…

It’s unclear at this point what the takeover might mean, if anything, for Nationstar, whose own share price has rallied the past few months.

Sponsors can generally meet the requirements by retaining the most subordinate tranches of the securitization equaling at least 5.0 percent of the deal…

Bill Erbey, who was forced out by financial regulators two-plus years ago, controls 16.8 percent of Ocwen Financial...

Among the key announcements: the company is selling its PHH Home Loans joint venture to Guaranteed Rate; unloading its private label operations to LenderLive Network, and monetizing “certain” servicing assets.

The apparent easing of credit terms in the Fannie/Freddie market has been moving at a glacial pace…