FUN FACT: PIMCO owns almost 12 percent of PHH Corp., the parent of the nation's ninth largest residential servicer.

The worst news: Prime jumbo MBS issuance fell 32.5 percent from the first quarter to the second.

“After the ‘taper tantrum’ you had a whole bunch of institutions that got annihilated when the 10-year Treasury rate moved," said analyst Christophe Whalen of KBRS.

It was the biggest quarter in GSE private MI activity since the third quarter of 2013...

Wells Fargo, the nation's largest originator, reported that while 72 percent believe now is a good time to buy, many consumers are faced with misconceptions about credit scores and other topics.

The jobs that seem to be the least in demand include technology support (4 percent) and secondary marketing positions.

The underlying collateral is located in all 50 states, but Texas accounts for the largest count of loans at 1,220.

In a new research note, Sterne Agee analyst Henry Coffey also voices anxiety about the fact that almost 55 percent of Walter’s stock is controlled by three investor groups.

We’re told a sale contract could be signed any day now, but as far as a public announcement is concerned, it may not happen right away…

Potential homeowners may be talking themselves out of the American dream, according to several recent surveys that show consumers underestimate their ability to get a mortgage. A Genworth survey of more than 100 lending executives found that 66 percent said eligible borrowers mistakenly think they don’t qualify for a mortgage. In a similar survey on consumer’s views on homeownership, Wells Fargo reported...