The wholesale division of Premier Nationwide Lending had its best month of October 2013...

However, the late January 50 basis point reduction in FHA premiums should help.

Truman Capital alleged that Nationstar backed out of the transaction after realizing that the sale price for the NPLs was lower than fair market value.

The no-downpayment product from Navy Federal is called “HomeBuyer’s Choice,” and year-to-date the lender has funded $179 million in such loans…

The original merger agreement, unveiled in late February, was an all-cash deal valued at $1.3 billion.

One real estate agent said an unidentified lender offers preapproval letters to “anyone who walks in.”

Fannie Mae indicated that this auction will be the kick-off to future sales.

Fannie Mae, Freddie Mac and Ginnie Mae securitized $151.1 billion of refi loans during the first quarter, a 34.8 percent increase from the end of 2014.

The 90+ day delinquency rate on second liens was 0.27 percent at December 31, just about flat compared with the previous quarter.

As one Ocwen source told us: It’s on “indefinite” hold…