California accounts for the largest chunk of receivables at 34.9 percent.

PHH Mortgage continues to ooze losses as well…

In a number of cases, GSE seller-servicers cleaned up pipelines of pending or disputed buyback demands.

The low trading volume is an indication that liquidity is drying up, but it also reflects a decline in new agency MBS being created.

Since its founding in mid-2014, LendingHome has originated $1 billion in loans.

Since Watt’s recent testimony, GSE speculators like Pershing Square and Fairholme have been mostly quiet.

How well do you know your mortgage counterparties?

The CFPB responded that “none of the identified opportunities for improvement ever resulted in any breach of confidential information outside the bureau.”

The only way Fannie and Freddie are going to lose money is if there’s a hedging loss. And even then, it will be a non-cash charge…

But can Walter/Ditech grow its lending business in a highly competitive market?